Several altcoins, including SEI, SYRUP, and FORM, have broken through their moving average lines, indicating a positive trend continuation.
SEI (SEI) has recovered above its moving average lines, reaching a high of $0.34 after a slump. The cryptocurrency is trading above the $0.13 support but below the $0.27 resistance. Buyers pushed SEI price above the moving average lines, and it will rise to $0.45 if current support holds.
SYRUP has seen its price constantly reaching new highs and lows, with recent gains suggesting bulls may overcome a barrier, pushing the market to $0.70. The altcoin is trading below the $0.60 mark and is the second-highest performing cryptocurrency.
FORM has shown strong buying pressure, recovering above the support level of $2.30 and rising above moving average lines. It will return to its previous high of $3.00 if it finds support above the moving average lines. FORM is the fourth-best performing altcoin.
KASPA (KAS) has fallen below the moving average lines in a sideways trend, but buyers are struggling to push the price above these levels. If KAS loses its current support level, it will fall to its all-time low.
Source: https://coinidol.com/weekly-gain-traction