On the daily chart of this cryptocurrency’s movement of prices, it recently broke through the SMA line hinting that it may be reversing from its previous downtrend. It suggests increased buying pressure due to this break out. The Woodies CCI is in the overbought area at present giving more strength to bullish sentiment. However, there could be little retracement soon.MultiversX (EGLD)A remarkable surge has also been recorded by MultiversX with an increase of its price and by 5.61% to reach $31.91.The coin’s volume exploded at above 204.64%,indicating enhanced activity and interest among traders.MultiversX technical indicators are positive as the token tests resistance at $32 presently.A firm move beyond this point might take EGLD towards higher resistance levels.
sekar nallalu Cryptocurrency,Price Analysis Top Crypto Gainers of July 2, 2024: Bonk, Beam and MultiversX Lead Market Resurgence