The trading volume of the coin also increased over the last 24 hours. ![]() Near Protocol surged 6% over the past day and was priced at $10.33 with immediate resistance at $10.37. On the flip side, Injective Protocol’s local support lay at $8.46. The Relative Strength Index remained on the half-line highlighting even the number of buyers and sellers. The On Balance Volume noted an uptick and if buying pressure manages to remain above the zero-line, the coin can remain positive over the upcoming trading sessions. As buying pressure had managed to revive, at press time, the buying strength dropped as investors have held on to their assets in anticipation of a price increase.Īwesome Oscillator displayed bullishness with green histograms. Immediate resistance for the coin stood at $9.85, toppling over which it could trade near its one week high of $11.01. Injective Protocol was priced at $9.69 after securing a gain of 13.8% over the last 24 hours. On the flip side, if Syscoin fails to hold itself over $0.524 then it could dip to trade close to its support level of $0.386. Bollinger Bands remained parallel with chances of volatility remaining in check, prices would remain sandwiched between $0.644 and $0.524. The On Balance Volume was also seen increasing on the four-hour chart indicating an uptrend. The buying strength also increased as prices rose, on the Relative Strength Index the indicator was seen above the half-line after a week. ![]() The altcoin reversed 16.8% of the losses that it incurred over the last week. ![]() At press time the coin was priced at $0.644 with immediate resistance at $0.684, if Syscoin continues to move upwards, it could trade near $0.780 which is the one-week high for the coin. In recent news, Smart Contracts will soon be introduced on Syscoin and the coin propelled 16.8% over the last 24 hours. Here’s an analysis of how they have performed over the past few days. Out of the best performing cryptocurrencies, Syscoin, Injective Protocol and Near Protocol have managed to grab attention. These altcoins come with less liquidity and often more volatility, giving investors a chance to make profits over a short span of time. With Bitcoin displaying southbound movement, some DeFi coins have soared and made headlines in the past few days.
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