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The crypto market continues to get tricky and difficult for most crypto traders and investors, with the market being hit virtually every week with bad news that sends the price of most altcoins to their weekly lows. Recently, the price action displayed by many altcoins has been problematic as many altcoins are fighting for survival. The Domino effect of the FTX saga and other huge investors involved has left the market at a standstill as the market has yet to make a major shift after the previous weeks. Here are the top 3 altcoins that performed best over the week. (Data from Binance)

Litecoin (LTC) Price Analysis on the Daily Chart

LTC Daily Price Chart | Source: LTCUSDT Tradingview.com

Most crypto traders and investors have had a rough few days, with many worrying about where the market is headed after so much turmoil in the crypto space. Many altcoins have struggled to show their strength, losing key support in an effort to survive.

The current market uncertainty has made traders and investors hesitant to buy altcoins, as there is no guarantee that they will rise anytime soon. LTC has shown itself as a stand-up artist over the past few weeks and days.

The price of LTC on the daily chart showed bullish strength despite market uncertainty affecting major crypto projects that continued to grow in this bear market, and more FUD (fear of uncertainty and fear of doubt) persists. LTC saw its price trade in the $60 region on the daily chart. Still, price bounced off this region as LTC price hit a high of $80 before facing slight uptrend resistance. If LTC price holds above $75, we could see more of a rally towards a $90 region.

Top 3 Altcoins – DAO Curve (CRV) Price Analysis on Daily Chart (1D)

CRV Daily Price Chart | Source: CRVUSDT Tradingview.com

The price of CRV remains considerably high in the daily timeframe as the price is trading above the $0.65 support after the price rebounded from its daily low of $0.4.

CRV price is trading $0.7 below its 50 and 200 EMA, acting as resistance for CRV price. The price of $0.77 and $1.2 matches the prices at these levels, acting as resistance.

If CRV price breaks and holds above $0.8, we may see more rallies for CRV price towards a region of $1.2, where price may face trend resistance on the rise.

Zcash (ZEC) price analysis on the daily chart (1D)

ZEC Daily Price Chart | Source: ZECUSDT On Tradingview.com

The price of ZEC remains significantly high in the daily timeframe as the price is trading above the $40 support after the price rebounded from its daily low of $30.

ZEC price is trading $42 below its 50 and 200 EMA, acting as resistance for ZEC price. The price of $49 and $70 matches the prices at these levels, acting as resistance. ZEC price needs to break this region for more signs of relief.

Featured Image From zipmex, Charts From Tradingview 



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