Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
- PEPE exhibits strong bullish momentum with a price rise exceeding 20%.
- BSV attracts investor attention, rising 4.71% within 24 hours.
- KAVA shows bullish strength, reaching a 7-day peak at $1.05.
As reported by CoinMarketCap, the leading three gainers over the last 24 hours include Pepe (PEPE), Bitcoin SV (BSV), and Kava (KAVA).
PEPE/USD
Initially, bears were in control of the Pepe (PEPE) market, pushing the price down to a 24-hour low of $0.000001504, where support was established. Following this, bulls regained market control, elevating the PEPE price to a 24-hour high of $0.000001881 (resistance). At the time of this report, bullish momentum remained robust, resulting in a 21.00% increase to $0.000001836.
During the recovery phase, PEPE’s market capitalization and 24-hour trading volume rose by 20.98% and 35.58%, respectively, reaching $717,558,554 and $272,878,909.
If bullish momentum surpasses the 24-hour high of $0.000001881, the next potential resistance level could be $0.000002000. Conversely, if bears regain market control and breach the $0.000001504 support level, the next likely support level may be around $0.000001300.
PEPE/USD 24-hour price chart (source: CoinMarketCap)
BSV/USD
Related Posts
Despite a challenging start that saw the Bitcoin SV (BSV) price drop to an intraday low of $33.13, it has managed to secure the second position among the top gainers.
Bulls regained control of the BSV market, pushing the price up to a 24-hour high of $35.95 before facing resistance. At the time of this report, BSV was trading at $34.87, reflecting a 4.71% increase from its previous close.
BSV’s market capitalization and 24-hour trading volume increased by 4.79% and 85.80%, respectively, reaching $671,736,591 and $85,991,702. This surge indicates a significant rise in investor interest in BSV, contributing to its position among the top three gainers.
BSV/USD 24-hour price chart (source: CoinMarketCap)
KAVA/USD
Kava (KAVA) ranks third among the top gainers on CoinMarketCap. Consequently, bulls propelled the KAVA price from a 24-hour low of $0.9934 to a new 7-day high of $1.07, where resistance remained strong. Despite this opposition, bulls continued to dominate the KAVA market at the time of this report, resulting in a 4.18% increase to $1.05.
KAVA’s market capitalization rose by 4.49% to $555,719,702, reflecting a positive sentiment among investors.
However, the 24-hour trading volume decreased by 42.45% to $45,751,997, suggesting that traders may be realizing profits after reaching the 7-day high.
KAVA/USD 24-hour price chart (source: CoinMarketCap)
In summary, Pepe, Bitcoin SV, and Kava have all seen notable gains in the last 24 hours, indicating bullish momentum and heightened investor interest.
