CandleFocus Biggest Altcoin Gainers of the First Week of September 2024
2024-09-07
Author: Content Editor
In the first week of September 2024, altcoins generally struggled to make significant gains in a relatively quiet market. However, HNT, STRK, and UNI managed to defy this trend and experience notable upticks in their prices. HNT saw a 19% increase with no major developments behind the rise. Technical analysis suggests increased accumulation and if buying pressure continues, HNT could reach $8.51. STRK, the native cryptocurrency of the Ethereum Layer-2 blockchain, surged to $0.40 after Vitalik Buterin transferred over 2 million STRK tokens to a new wallet. The bullish momentum suggests another potential upswing, and if sustained, STRK's price might jump to $0.48. On the other hand, UNI's price jumped to $6.40 following a settlement with the CTFC but is currently trading at $6.22, close to slipping below the 20-day EMA. The bearish momentum could cause the price to dip below $6 and reach $5.60, but a positive development for UNI could potentially push the price up to $6.91.
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