Top Trending Coins for Today, June 25: PEPE, ROBOPEPE, BTC, WAVES, and SHIB
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The majority of the hot cryptocurrencies on the list have shown impressive performance in the past 24 and 7-day periods. That means the general bear market across the crypto market is coming to an end.
Among the top 5 coins for the week, Bitcoin made it with an impressive 13.97% gain in the past 30 days.
Pepe (PEPE)
Major Bias: Bullish
Pepe Coin has been able to maintain its top position by just trapping the bear market into a consolidation trend. The market survived the general bear market of the past few weeks by just allowing for a minimal price decline within its narrow price channel. As the general crypto market began to come around in the just concluded week, Pepe coin took advantage to gain 61.24% within the week. This covers the losses of the past few weeks and sets the market further on top of the table.
From the outlook of the Bollinger Bands indicator, there might be another significant bullish movement as the bands contract against the price action. The market ranges sideways again above the $0.0000015 price level as some trades take profit. The market maintains the prospect for further rises.
Current Price: $0.000001573
Market Capitalization: $616,390,976
Trading Volume: $272,719,327
ROBO PEPE (ROBOPEPE)
Major Bias: Bearish
In the second position for today is the ROBO PEPE Coin. Today’s ROBO PEPE coin price is $0.000061, and $9,458,357 USD worth of ROBO PEPE was traded in the last 24 hours. On the CoinMarketCap platform, this market ranks in the 2628th position.
Current Price: $0.000061
Market Capitalization: $60,481
Trading Volume: $9,652,016
Bitcoin (BTC)
Major Bias: Bullish
Bitcoin made it to the third position as it broke the deadlock on Wednesday of the just-concluded week, launching out of the $26,450 price deadlock. It gained traction until it settled into the $30,000 price zone.
But as a result of the $31,000 resistance, the price retraced slightly as bullish sentiment prevented a further decline. The retracement caused just about a 0.004% loss in the past 24 hours. But during the week, the price had gained by 15.02%. We might just be witnessing another Bitcoin bullish run.
Although the market faces $31,000 resistance, bullish sentiment has reduced and minimized the loss. It is very likely that strong support will be formed above the $30,000 price level, which will form the baseline or further price conquest.
Current Price: $30,592.03
Market Capitalization: $593,844,447,088
Trading Volume: $12,382,726,998
Waves (WAVES)
Major Bias: Bullish
Waves had a sudden price explosion that launched it to the fourth position in today’s trending coin market. The market has been set for bullish action since Wednesday, but due to the low volume of trade, it remains within its narrow price channel, moving along the edge of the resistance level. But over the weekend, we noticed a massive rush of traders into the bull market, causing hyperbullish price movement.
As the market neared the $2.00 price level, bears began to respond to the bullish movement of the past 24 hours. The price retracement is significant, but as long as the market remains above the 20-day moving average, it could still be regarded as bullish.
Current Price: $2.08
Market Capitalization: $232,079,830
Trading Volume: $1,139,543,303
Shiba Inu (SHIB)
Major Bias: Indecision
The SHIB bulls have been making impressive moves in the past two weeks after finding solid ground at $0.000006 on June 10. Since then, they have made impressive moves, with each price retracement forming higher lows. Seeing this, investors must have taken advantage of it to hop on board, and the market began a very strong price movement on June 20.
The bullish market peaked at the $0.0000085 price level. The bearish response was supposed to be just as strong, but as bulls have the upper hand, the market fell to a higher bullish support level, which is below the $0.000008 price level. Currently, the market ranges sideways around this level.
Judging by the historical data or the performance of the market in the past two weeks, there is more likelihood that the price will break out of the current consolidation trend for more price conquest.
Current Price: $0.523
Market Capitalization: $27,227,348,285
Trading Volume: $899,793,579
