The post Altcoins Begin Recovery Above Their Initial Barriers appeared on BitcoinEthereumNews.com.

Apr 21, 2025 at 14:54 // News Altcoins have risen above the moving average lines this week, indicating bullish moves. This is a sign that cryptocurrencies will continue to rise. Despite being above the moving average lines, some altcoins are encountering initial barriers that could jeopardize the uptrend. Core Core (CORE) is rising after falling to its low of $0.37. The bulls broke above the moving average three times before breaking through the barrier levels. The value of the cryptocurrency will rise as long as the bullish momentum is sustained above the moving average lines. The positive momentum has peaked at around $0.70. CORE will rise to the next resistance level at $0.89 if the barrier is breached. The best performing coin is CORE. It has the following characteristics: The current price: $0.6761 Market capitalization: $675,844,342.02 Trading volume:  $32,501,818.12 7-day gain: 31.65%  T Bittensor The price of T Bittensor (TAO) has risen above the moving average lines and resumed its positive trend. The bullish momentum broke above the 21-day SMA and retested it before surpassing the 50-day SMA barrier. The cryptocurrency value is nearing its high of $320. Buyers were unable to sustain the bullish momentum above the moving average lines in the previous price action. On a positive note, the altcoin will fully recover from its downtrend if the bulls break above the $500 high. However, the decline will continue if the bears push the price below the moving average lines. TAO is the second best performing coin. The current price: $297.56 Market Capitalization: $2,561,832,890.92 Trading Volume:  $189,636,190.85 7–day Gain: 20.24% Artificial Superintelligence Alliance The price of the Artificial Superintelligence Alliance (FET) has risen from its low of $0.34. The price of the cryptocurrency has risen to a high of $0.60 on the daily chart after rising above the…

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Filed under: News - @ April 21, 2025 4:27 pm