BeInCrypto takes a look at five altcoins that increased the most from the entire crypto market last week, more specifically, from Nov. 25 to Dec. 2
These digital assets have taken the crypto news and crypto market spotlight:
- Fantom (FTM) price is up 36.55%
- GMX price is up 22.22%
- EthereumPoW (ETHW) price is up 21.39%
- Dogecoin (DOGE) price is up 20.84%
- Huobi Token (HT) price is up 17.91%
Fantom Price Leads Altcoins in the Crypto Market
The Fantom price has decreased below a descending resistance line since May 23. The line has caused three rejections (red icons), the most recent on Dec. 1. This led to a low of $0.16 on Nov. 22.
However, the FTM price reversed shortly afterward and reclaimed the $0.20 area in the process.
While this is considered a bullish sign, the Fantom price has yet to break out from the descending resistance line.
Whether it breaks out from the line or fall below the $0.20 area will determine the…
