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Reading: Market Momentum: Binance’s Top Performers KP3R, ALCX, and WING Coin Show Promising Trends
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Latest cryptocurrency news > ALTCOIN > Market Momentum: Binance’s Top Performers KP3R, ALCX, and WING Coin Show Promising Trends
ALTCOIN

Market Momentum: Binance’s Top Performers KP3R, ALCX, and WING Coin Show Promising Trends

BH NEWS
Last updated: 1 January 2024 19:10
BH NEWS 2 years ago
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At the time of reporting, Binance exchange’s top performers were KP3R, ALCX, and WING Coin, each showing double-digit gains. This movement indicates a visible shift of liquidity within the altcoin market, suggesting a potential rise for investors still anticipating growth.

KP3R Coin recently saw a 75% increase over three days before experiencing a pullback. Despite halving its daily gains, KP3R Coin was still the highest gainer on Binance. This could attract speculative investors looking for risky entry points, potentially leading to another surge in the coming hours.

For a longer-term perspective, KP3R Coin’s weekly chart should be considered. After hitting a low of $41 in the week of September 11, it initiated a new uptrend with closures above $70.85. In February 2023, the rise was halted at the $137 level. If weekly closures above this region occur, the price could climb up to $179, with the possibility of reaching the $300 area.

ALCX Coin has been consistently rising for the last three days, and if it maintains above $40, it could revisit its peak of $133. Conversely, a drop to $23 is possible if the trend reverses. ALCX Coin might become a target for profit-taking investors, especially if an ETF approval leads to a sell-the-news event.

WING Coin had an impressive week on July 22, 2022, soaring from $7 to over $60. Those who bought at the peak have been waiting for the price to stabilize in the double digits. The price recently surpassed $10.3, and if it remains strong, it could rise to $13.84, with a medium-term target of $19.52.

These predictions for KP3R, ALCX, and WING Coin suggest that the altcoin market is vibrant, with liquidity moving in a way that could benefit investors looking for the next big gainers in the cryptocurrency space.

You can follow our news on Telegram, Twitter ( X ) and Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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