Top Trending Coins for Today, May 14: PEPE, LADYS, SUI, CAPO, and ORDI
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The trending coin watch for this week saw the rise of some new meme coins and non-meme coins making waves in the market within the last week and the concluding week. Some of these markets started on a gentle note but gained more momentum along the way. Some of the newcomers have already concluded their first bullish cycle. Some of them are currently experiencing price retracements and are ready for another round of uptrend action.
Pepe (PEPE)
Major Bias: Bullish
The Pepe market started on a silent note at the $0.000000004454 price level. Over the first week of its entrance into the meme coin market, there was not much excitement in the market as the market ranged sideways. However, the excitement started the following week as bullish sentiment began to grow in the market. The price then broke several resistance levels until it peaked above the $0.0000045 price level. At the peak, the bear market kicked in, turning the price back down. But the retracement did not take the price too far into the demand zone, and the bullish price was conserved above the 20-day moving average. The Bollinger Bands indicator shows an upward-trending price channel. Currently, the market faces resistance at $0.0000019405. The market is still on its upside journey, this time hoping to achieve a higher high.
Current Price: $0.00000194948
Market Capitalization: $761,073,195
Trading Volume: $1,214,650,748
Milady (LADYS)
Major Bias: Bullish
Milady is a very recent newcomer. According to the Trading View information, the candlestick information started on May 11. The third 4-hour session of the day opened at $0.0000001518 and closed at $0.0000001087. For that session, the bears took control of the market. An exhaustive bullish move followed this in the third session of the day. The bulls were able to achieve a high of $0.000000285, for that day, before the bear market was triggered. However, another bull market is building at the $0.00000005 price level, but currently, the market faces resistance at $0.00000009. The market will likely range at the resistance level.
Current Price: $0.0000000909
Market Capitalization: $61,757,145
Trading Volume: $85,408,913
Sui (SUI)
Major Bias: Indecision
According to data provided by the trading view platform, Sui entered the crypto market on May 3 and started on a very ambitious bullish note. On the day of inception, the Sui market started at the $0.100 price level and experienced an extremely bullish market that brought the market above the $2 price level. In the first part of the very first 4-hour session, the market was one-sided. The bull market progressed without any bearish challenges, as it seemed everyone in the market was buying. The bear market only started after the bulls hit the bullish target. Now, with the help of the bears, the market is balanced at the $1.15 price level; currently, the market is ranging sideways. The bears are having a bit of an upper hand; therefore, the next strong move of the market may be a bearish one.
Current Price: $1.1
Market Capitalization: $581,225,135
Trading Volume: $226,828,290
IL CAPO OF CRYPTO (CAPO)
Major Bias: Indecision
Capo started on May 10. It completed its bullish cycle after hitting the high of $0.03466, and the bearish trend that issued from the key resistance level settled the market at $0.00817. At this current price level, the market still retains about 40% of its previous bull market achievements. According to the Relative Strength Index (RSI), the market is currently moving at the equilibrium level. The RSI line measures 50.46. Capo may be preparing for the next round of bullish cycles.
Current Price: $0.008491
Market Capitalization: $2,971,820
Trading Volume: $27,947,847
Ordinals (ORDI)
Major Bias: Bearish
This market started on May 8. It spent the first part of the daily session pumping, gaining traction until it hit its target, which is $30. According to the trading view chart data, the market opened at the $1.66 price level. The remaining part of the day was taken over by the sellers to balance things out. Initially, the market retraced back to the $16.3 price level, then later to the $10 price level. At the current $10 price level, the Ordinal market was able to retain 30% of the achievement of the previous bullish trend. The next bullish cycle should be progressive and steady.
Current Price: $11.0216
Market Capitalization: $247,975,714
Trading Volume: $77,320,714
