CandleFocus SAND, MANA, AXS: Top cryptocurrencies to watch this week
2024-11-24
Author: Content Editor
The global crypto market cap has contracted to $3.4 trillion after gaining an additional $170 billion in valuation the previous week. Bitcoin (BTC) reached a price of $99,655 but is currently hovering just below $97,000. Last week, The Sandbox (SAND), Decentraland (MANA), and Axie Infinity (AXS) were prominent performers in the gaming market segment. SAND closed the week with an 11% gain and has rallied further, retesting resistance at $0.6525. MANA ended the week with a 51% increase and is forming an ascending broadening wedge pattern, indicating potential for a drop. AXS surged 31% and reached a six-month peak of $7.050, with a breakout above the Ichimoku Cloud suggesting a strong upward trend.
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