Key Insights:
- Bullish sentiment dominates top gainers, driving prices higher.
- Traders should closely monitor price action and resistance levels for potential shifts.
- Strong demand and increasing momentum signal potential for continued growth.
MASK Network (MASK), ssv.network (SSV), Neo (NEO), and OKB (OKB) have been the top gainers in the previous 24 hours.
MASK/USD
The MASK Network has been dominated by bulls over the last 24 hours, with the price rising from an intra-day low of $5.67 to an intra-day high of $6.17. In light of the market’s bullish strength, the positive sentiment lasted until the time of writing, valuing MASK at $6.02, a 7.03% increase.
If the bullish trend continues and the 24-hour high of $6.17 is broken, the next resistance levels might be $6.35 and $6.50. If there is a rapid reversal in market mood, watch for support levels between $5.80 and $5.50.
Because of the upbeat mood, market capitalization, and 24-hour trading volume increased by 6.85% and 33.84%, respectively, to $458,808,480 and $208,933,487. This movement indicates that the asset is in high demand, and investors are willing to pay higher prices.
SSV/USD
ssv. network (SSV) is ranked second on the coinmarketcap gainers’ list, with a price of $37.64, a 6.20% increase as of press time. The bull’s ability to move the price from a low of $35.37 to a 24-hour high of $38.21 demonstrates this bullishness. This movement suggests that the asset is in high demand, and investors are bullish on its future performance.
If the $38.21 resistance level fails to hold, the following significant barriers to watch for are $40.00 and $42.50, suggesting a rise in demand and a positive attitude toward the asset. Nevertheless, if the bullish force fades and the price fails to break through these resistance levels, we may witness a return below the $35.00 support level, indicating a shift in attitude towards bearishness.
Market capitalization and 24-hour trading volume increased by 5.55% and 128.24%, respectively, to $377,259,223 and $40,785,989, indicating that there is still strong interest and momentum in the market. Still, traders should monitor price action and volume to anticipate any potential shifts in direction.
NEO/USD
Neo’s (NEO) market has also been bullish in the previous 24 hours, with bulls repelling bear efforts and sustaining momentum until press time, resulting in a current value of $12.65, a 4.89% increase. Throughout the day, the bulls were able to keep the NEO price fluctuating between an intra-day low and high of $12.03 and $12.93, respectively.
If the bulls continue to rise, they may break the $12.93 resistance level, with the next potential resistance levels at $13.50 and $14.00, while a bearish reversal may bring the price down to the support levels at $11.50 and $11.00.
Owing to bullish control and the anticipation of a continued bull run, traders jumped into the market, producing a 4.86% and 145.07% increase in market capitalization and 24-hour trading volume to $892,138,689 and $94,142,008, respectively.
OKB/USD
In the recent 24 hours, the OKB (OKB) market has seen a bull-bear fight, but, as of press time, the bulls had triumphed, and OKB was valued at $43.89, a 5.08% increase. During the battle, the bears dropped the price until finding support at $41.70, while the bulls seized control and soared the price to a 24-hour high of $43.95 before encountering severe resistance.
The bulls’ strength may finally break over the $43.95 resistance, with the following resistance levels at $45.00 and $46.50, while a reversal may see the bears test the support levels at $41.70 and $40.00.
The market capitalization and 24-hour trading volume increased by 5.06% and 30.34%, reaching $2,631,528,147 and $29,041,246, respectively. This increase signals that investors are actively buying and selling the asset, which might lead to more price changes in the near future.
In conclusion, the bullish momentum of MASK, SSV, NEO, and OKB reflects a surge in demand and investor optimism, paving the way for potential upward movements.
