Solana-based Altcoins Surge! What’s Next For MEW And HIGH Tokens?

Top Altcoins Poised To Record 20x Rally

The post Solana-based Altcoins Surge! What’s Next For MEW And HIGH Tokens? appeared first on Coinpedia Fintech News

With the increased price volatility in the cryptocurrency market, top tokens have displayed a significant price action in their respective portfolios since the week started. Moreover, the Bitcoin price, continues to hold its price above the $71K mark, indicating a strong bullish sentiment.

Furthermore, Solana-based tokens have regained momentum by adding massive valuations to their portfolios within the past few days. Amid increasing bullish influence, will Cat in a Dogs World (MEW) and Highstreet (HIGH) altcoins outperform top tokens this month?

Cat in a dogs world (MEW) Price Analysis:

The MEW token has added 37.72% within the past day and 43.19% over the past seven days. Moreover, the memecoin has surged 66.54% in valuation since its inception, highlighting a bullish outlook for the altcoin during the upcoming weeks.

MEW Price Analysis
TradingView: MEW/USDT

The SMA constantly supports the price chart in the 4H time frame, suggesting a positive influence for MEW crypto in the market.

The technical indicator, MACD, displays a significant rise, indicating increased buying-over-selling pressure in the crypto space. Furthermore, the averages show a bullish rise, highlighting the Cat in a Dogs World token will continue rising during the upcoming time.

If the market continues to trade under a bullish sentiment, the MEW price will prepare to test its upper resistance level of $0.00700. Conversely, bearish price action could pull the MEW coin price toward its lower support level of $0.004655.

Highstreet Price On The Verge Of A Major Breakout:

The Highstreet (HIGH) price has added approximately 27% within the past day and 19.50% over the past week. Moreover, the altcoin has recorded a 2X surge within the past 30 days and has a Year-to-Date (YTD) return of 410%, indicating rising interest of investors in it.

Highstreet Price Analysis
TradingView: HIGH/USDT

With a trading price of $7.995, a circulating supply of 50,365,992 HIGH tokens, and a market cap of $420.63 Million, the Highstreet crypto has secured the 186th position in the global cryptocurrency market list.

The Relative Strength Index (RSI) records a sharp uptrend in its chart, by breaching the overbought range, indicating a bullish reversal in the crypto space. Moreover, the average displays a bullish curve, suggesting the price will continue gaining value in the coming time.

If the market holds the Highstreet price above the support level of $8, the bulls will regain momentum and prepare to test its upper resistance level of $10 during the upcoming weeks. However, a bearish reversal could pull the HIGH price toward its lower support level of $6 this month.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Latest posts

post-thumbnail
VeChain and UCO Network Forge Alliance: Unveiling Sustainable Innovations
Innovative blockchain alliance promotes environmental sustainability. VeChain and UCO Network revolu...
READ MORE
post-thumbnail
Central Banks of Bhutan, Venezuela, and Iran Acquiring Bitcoin, Claims Industry Voices
Industry voices claim that Bhutan, Venezuela, and Iran’s central banks are acquiring Bitcoin. Larg...
READ MORE
post-thumbnail
New Crypto Rollblock (RBLK) Showing Potential For 800% Breakout Rally As BCH and AVAX Investors Load Up
The post New Crypto Rollblock (RBLK) Showing Potential For 800% Breakout Rally As BCH and AVAX Inves...
READ MORE
post-thumbnail
From Rags to Riches: List of Altcoins to Hold for Millionaire Status by 2025
The post From Rags to Riches: List of Altcoins to Hold for Millionaire Status by 2025 appeared first...
READ MORE
default post thumbnail
Bitcoin Is Exponential Gold And An Aspiring Player On The Store Of Value Team: Jurrien Timmer
The post Bitcoin Is Exponential Gold And An Aspiring Player On The Store Of Value Team: Jurrien Timm...
READ MORE
default post thumbnail
Ethereum Exchange Balances Hit 8-Year Low Ahead of Spot ETF Launch
The post Ethereum Exchange Balances Hit 8-Year Low Ahead of Spot ETF Launch appeared first on Coinpe...
READ MORE
post-thumbnail
Bitcoin (BTC) Price Might Crash To $60K This Week: Here’s Why
The post Bitcoin (BTC) Price Might Crash To $60K This Week: Here’s Why appeared first on Coinpedia...
READ MORE
default post thumbnail
BAYC and Pudgy Penguins See Major Price Drops While Milady Shines
The post BAYC and Pudgy Penguins See Major Price Drops While Milady Shines appeared first on Coinped...
READ MORE
post-thumbnail
Bitcoin Price Prediction: How Low Might BTC Price Drop This Crypto Market Crash 
The post Bitcoin Price Prediction: How Low Might BTC Price Drop This Crypto Market Crash  appeared ...
READ MORE
post-thumbnail
With $60K & $70K as Major Support & Resistance, Bitcoin Price Stands Around $65K: Here is What’s Next!
The post With $60K & $70K as Major Support & Resistance, Bitcoin Price Stands Around $65K: H...
READ MORE
Read more posts