The cryptocurrency market has been moving in a significant upward trend throughout the month, and despite some downward factors, many altcoins have shown over 100% gains, signaling a positive close for the month. While investor interest in the crypto market continues to rise, analysts have identified five altcoins that are likely to bring more gains to their investors in the coming weeks.
Worldcoin (WLD)
At the top of the list is Worldcoin (WLD), which started February at $2.32 and reached $9.114, marking a notable increase of approximately 291%.
With a circulating supply of 135.24 million and a market value of $1.23 billion, WLD is expected to test the $11 resistance level in the short term and potentially rise by 20% in the coming days.
Fetch.ai (FET)
Fetch.ai (FET) has emerged as another altcoin showing potential for growth with a notable jump of over 88% recently. FET is currently trading at $1.0996 with a market value of $931.56 million.
In addition to FET’s recent rise, it is expected to make a potential increase of 16% and test the $1.19 resistance, making it an appealing choice for investors.
SingularityNET (AGIX)
SingularityNET (AGIX) has joined the ranks of altcoins bringing impressive gains to investors with a strong jump of over 182% this month. AGIX is currently present with a circulating supply of 1.25 billion and a market value of $980.18 million, continuing to show signs of an upward trend despite mixed signals from technical indicators.
Analysts predict that AGIX will continue its rise by testing the next resistance level at $0.90.
The Graph (GRT)
The Graph (GRT) also saw a significant increase throughout the month, boosting its price by over 90%. GRT is currently trading at $0.2995 with a market value of $2.80 billion.
Analysts expect GRT to test the next resistance level at $0.350 and potentially achieve a 17% increase.
Render (RDNR)
Finally, Render (RNDR) stood out with its notable rise throughout the month and seems set to continue its upward trajectory. RNDR has increased its value by 73.50% over the month, with its price currently at $7.49 and a total market value of $2.84 billion.
Analysts and experts foresee RNDR testing the $8.50 level in the short term, indicating a continued upward momentum for the altcoin.
