- The collective market cap for the cryptocurrency market rose 0.04% over the past 24 hours.
- ADA, SOL, DOGE, DOT and LUNC were all trading at critical points on their daily charts.
- Noteworthy technical flags were on the verge of being triggered on ADA and DOT’s daily charts.
The global cryptocurrency market cap printed a 24-hour gain of 0.04% according to CoinMarketCap. Subsequently, the total stood at approximately $1.19 trillion at press time. As the month comes to an end, investors and traders are looking for altcoins that show the most potential for gains this August.
At press time, significant medium-term technical flags were on the verge of being triggered for several altcoins, including Cardano (ADA), Solana (SOL), Polkadot (DOT), Terra Classic (LUNC) and Dogecoin (DOGE). Should the technical flags present on these cryptocurrencies’ charts trigger, it may lead to substantial gains for traders and investors.
Cardano (ADA)
Daily chart for ADA/USDT (Source: TradingView)
A symmetrical triangle pattern had formed on ADA’s daily chart over the past few weeks. This pattern signals that a potential breakout may occur as soon as its apex is reached.…
The post The Top 5 Altcoins This Watch This August for Massive Gains appeared first on Coin Edition.
The post The Top 5 Altcoins This Watch This August for Massive Gains appeared first on Coin Edition.