• 02 November, 2024
Market News News

Crypto Bulls Unleashed: XRT, BRG, and LIKE Surge – What’s Next?

Crypto Bulls Unleashed: XRT, BRG, and LIKE Surge – What’s Next?

The recent market-wide rebounds have brought significant gains to various sectors, with particular attention drawn to AI and big data-driven crypto assets. As highlighted by Santiment, an analytic firm, the top performers today are XRT, BRG, and LIKE, with notable gains of 33%, 21%, and 20%, respectively. These surges underscore the growing influence of AI technology in shaping the dynamics of the cryptocurrency landscape.

According to data thrown by CoinMarketCap at the time of writing, XRT, BRG, and LIKE have exhibited robust performance. XRT Token, operating on the Ethereum platform, stands out with its current supply of 500,000,000 tokens, although none are currently in circulation. Despite its negligible trading volume, the token’s last known price of $7.15 reflects a positive trajectory, potentially signaling future opportunities for investors.

Meanwhile, Bridge Oracle (BRG) has witnessed a 16% surge in the last 24 hours, boasting a trading volume of $1,133,837. This growth hints at increasing investor confidence, buoyed by its price of $0.001254. The momentum is further supported by technical indicators, such as the MACD trading above the signal line, signaling bullish sentiment in the short term.

Likewise, LikeCoin (LIKE) has seen a modest 2.38% increase in the last 24 hours, with a trading volume of $713.47 and a price of $0.001781. While the surge is less dramatic compared to its counterparts, technical analysis suggests a favorable outlook, with indicators like the RSI not yet hitting overbought levels, leaving room for further price appreciation.

 XRT/USD 1-Day price chart, Source: Trading view

Analyzing the technical charts, XRT exhibits an RSI value of 46.55, hinting at potential buying opportunities as it approaches oversold conditions. However, the MACD trading above the signal line suggests a lingering bearish trend, albeit with signs of narrowing. 

BRG/USD 1-Day price chart, Source: Trading view

Similarly, BRG’s RSI reading of 66.34 indicates slight overbought conditions, while its MACD above the signal line suggests short-term bullish momentum. 

 LIKE/USD 1-Day price chart, Source: Trading view

Conversely, LIKE’s RSI at 58.62 suggests a moderate stance, with its MACD and KST signaling positive trends.

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