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Cryptocurrency News Articles
Top 3 Cryptocurrencies to Watch This Week: JUP, OCEAN, ATOM
Sep 08, 2024 at 11:21 pm
The global crypto market cap shed an additional $150 billion to close the week at $1.92 trillion. This marked the first time in a month the valuation

As the global crypto market cap experiences an additional $150 billion loss, closing the week at $1.92 trillion, several leading cryptocurrencies exhibited significant price movements.
Among them, JUP (JUP) encountered resistance at $0.70 and ended the week at $0.6979 after facing bearish pressure.
Investors can anticipate a clearer momentum if the price decisively breaks above the middle Bollinger Band or falls below the lower band.
OCEAN Protocol (OCEAN) had a volatile week, starting with gains of 9% on Sept. 1 and 2, which were quickly reversed in an 8.82% drop on Sept. 3.
If the price manages to break above the cloud, it may attempt to challenge higher levels of resistance, with Senkou Span B ($0.4935) being a crucial point of resistance.
On the other hand, a break below the Kijun-Sen could signal further declines toward $0.46.
Finally, Cosmos (ATOM) had a rough week, experiencing an 18.8% drop and closing at $3.67. The persistent bearish momentum kept prices low throughout the week.
The Stoch RSI's K line is at 2.49, while the D line has dropped to 0.83, signaling that ATOM is deeply oversold. This could indicate a potential rebound if buyers step in. However, the current trend remains bearish.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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