The post Altcoins Bounce Back From The Bottom Of The Chart appeared on BitcoinEthereumNews.com.

Feb 15, 2025 at 13:02 // Price The top altcoins have made the most progress since they were at the bottom of the chart. Altcoins crossed the moving average lines after rallying. Weekly cryptocurrency market analysis of the best performing altcoins by Coinidol.com. PancakeSwap PancakeSwap (CAKE) is currently recovering from its decline after rising above the moving average lines. The altcoin has previously fallen steeply down the chart. The bulls bought the dips when CAKE hit its low of $1.13. The price of the cryptocurrency rose above the moving average lines and peaked at $3.41.  However, CAKE has pulled back above the moving average lines. If the altcoin recovers and stays above the 50-day SMA, the uptrend will continue. CAKE will reach $3.58, its previous high. If the bears break below the moving average lines, the cryptocurrency will fall back to its previous low.  CAKE is the best performing cryptocurrency. It has the following characteristics: The current price: $2.54  Market capitalization: $754,433,124.53 Trading volume:  $437,152,967.98 7-day gain: 68.09% SPX6900 The price of SPX6900 (SPX) has fallen, although it has risen from the bottom of the chart. The cryptocurrency has not yet broken above the moving average lines. The altcoin fell to a low of $0.548 and is now near its high of $0.855. If SPX breaks above the moving average lines, it will rise to $1.40.  On the flip side, SPX will fall and enter the downtrend if it is rejected at the 21-day SMA. The altcoin is trading below the moving average lines and above the $0.60 level. SPX is the second best performing coin. The current price: $0.8598 Market capitalization: $801,097,667.01 Trading volume:  $33,219,645.59 7-day gain 30.50% Jito The price of Jito (JTO) has been trending sideways since December 4, 2023. JTO traded below the $4.50 resistance but above the $1.50…

---

Filed under: News - @ February 15, 2025 2:28 pm