These 2 Altcoins To Dominate The Crypto Run This Week?

The post These 2 Altcoins To Dominate The Crypto Run This Week? appeared first on Coinpedia Fintech News

With the price of Bitcoin hovering close to its $58K mark, the cryptocurrency market has continued recording constant pumps and dumps over the past few days. This has resulted in investors experiencing a FOMO-like situation.

However, the mid-cap altcoins have experienced a significant rise in their respective portfolios with some tokens recording a surge of over 100%. With the current market sentiments, is this the right time to invest in these altcoins to book maximum profits?

Dive in as, in this article, we have uncovered the top 2 altcoins that have the potential to dominate the top cryptocurrencies during the upcoming time.

SATS (1000SATS) Price Action:

The SATS price has continued recording a bullish action by recording a jump of 11.69% within the past day with a trading volume of $245.48 Million. Moreover, it has surged 46.53% within the past seven days and 53.90% over the past month, indicating increased bullish sentiment.

TradingView: SATS/USDT

The technical indicator, MACD, displays a rising green histogram with a bullish convergence in its 1D time frame. Further, its SMA has constantly supported the price chart and displayed a positive curve. This suggests that the SATS price will continue gaining value this week.

If the market breaks out of its resistance trendline of the triangle pattern, the bulls will prepare to test its upper resistance level of $0.0000004825. Conversely, if the bears regain momentum, the altcoin will retest its support trendline of the triangle pattern.

Saga (SAGA) Price Action:

Despite increased price volatility, the SAGA price has displayed a bullish action by adding approximately 60% within the past week. Furthermore, with a trading price of $1.6008 and a circulating supply of 99,410,115 SAGA tokens, it has secured the 242nd position in the global crypto-list with a market cap of $156.77 Million.

TradingView: SAGA/USDT

The Relative Strength Index (RSI) has successfully breached its mid-point in the 1D time frame. Further, its average trendline shows a bullish curve, suggesting a positive outlook for the altcoin this week.

If the bulls continue trading under a positive influence, the SAGA price will breach its resistance trendline and head toward its upper resistance level of $2.6950 in the coming time. However, a bearish action could result in the SAGA token plunging toward its crucial support level.