The cryptocurrencies featured are the best performing altcoins trading in an upward market. Altcoins have outperformed their historical price levels.

Bonk

The price of Bonk (BONK) is in an outstanding uptrend. On February 27, the value of the cryptocurrency was $0.0000053558. The bullish momentum has reached the historical price level of February 27. At the time of writing, the value of the altcoin is $0.0000115038.

BONK has performed admirably and is currently trading in the overbought zone of the market. BONK is the best performing cryptocurrency and has the following characteristics:

Current price: $0.00001119

Market capitalization: $1.12B

Trading volume: $175.67M

7–day gain: 221.05%

ORDI

ORDI(ORDI) is in an uptrend and has surpassed the historical price level of May 9. On May 9, the altcoin was worth $29.11. The value of the cryptocurrency has risen after surpassing the historical price level of $29.11. At the time of writing, the market had reached a high of $69.78.

Since December 5, the upward trend has stalled below the resistance level of $70. The cryptocurrency value has entered the overbought area of the market. It is unlikely that the cryptocurrency will continue to rise. The advantages of ORDI, the second best performing cryptocurrency, are as follows: 

Current price: $52.82

Market capitalization: $1,109,724,318

Trading volume: $642,465,144

7–day gain: 113.85%

BitTorrent (New)

BitTorrent (BTT) has recovered from its previous dip and is currently in an uptrend. The decline was halted above the $0.00000037 support level as bulls bought the dips. BTT rose to a high of $0.00000116 before falling again. The retracement has come to an end as the altcoin fell below the $0.00000110 barrier. BTT has the potential to move higher if the current resistance level is overcome.

BTT will continue to rise to a high of $0.00000122. The third most valuable coin, BTT, has the following characteristics:

Current price: $00000096

Market capitalization: $956.43M

Trading volume: $81.97M

7–day gain: 102.70%

Cardano

Cardano (ADA) is on an uptrend and has surpassed the $0.43 price target. The cryptocurrency reached a high of $64. Following the retracement, the altcoin is currently trading below the resistance level of $0.60, the historical price level for May. The bulls have broken through further resistance levels.

The current upward momentum has stalled below the recent high of $0.60. Cardano is expected to rise much further and reach previous highs of $0.70 and $0.89. Meanwhile, the market has reached an overbought condition. It is the fourth best performing coin with the following characteristics:

Current price: $0.581

Market capitalization: $26.080.879.268

Trading volume: $2,549,388,642

7–day gain: 61.34%

Avalanche

The price of Avalanche (AVAX) is on the rise, reaching a high of $32.42. The cryptocurrency has performed better than the expected price of $26.74. The current positive momentum is expected to continue as the bulls have broken the $30 resistance level. AVAX is expected to reach a high of $63. The cryptocurrency asset has also moved dramatically into the overbought zone of the market. If sellers emerge in the overbought sector of the market, the altcoin will fall. AVAX is the fifth most profitable cryptocurrency. The following features characterise AVAX:

Current price: $32.55

Market capitalization: $23.435.078.031

Trading volume: $1,699,700,572

7–day profit: 52.40%

Last week the uptrend altcoins were USTC, LUNC, IOTA, ROSE and INJ. It was rallying while others are pulling back to regain their upward momentum as Coinidol.com reported. 

Disclaimer. This analysis and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.

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• Source: https://coinidol.com/altcoins-beat-price-targets/