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Cryptocurrency boom has not only affected the first cryptocurrency. After Bitcoin reached $61,000, many altcoins went up. Here's what coins are worth paying attention to next week
Last week was profitable for Ethereum. During this period, ETH has risen by 12%. The price reached $1,800 and new heights are ahead.
At the weekend, the coin rose to $43, but after four red candles on the chart there was a price rollback. There's a $2,000 resistance level ahead. If the situation with Bitcoin continues in the new week, it will give ETH strength for a new rise.
In March, this cryptocurrency gained huge popularity after the price increased from $0.3 to $1.48 in February. However, no new ATH has been installed. The coin is trading around $1.
Due to the active retail interest and small pamphlet on the part of musicians and all sorts of celebrities, ADA in general has good prospects. Cardano, like Dogecoin, depends on good news, and there are many mentions of tokens.
As a DeFi project, SushiSwap attracts attention. Recently, the token appeared on Coinbase Pro. So, don't worry, SUSHI has a good perspective.
This token is more valuable than Uniswap. It has risen by 27% over the past week, and on average is trading about $20. The coin has FTX support, so a new ATH is possible.
Enjin Coin (ENJ)
The growth of the ENJ token for the week was 95%, for the month - 300%. In many ways, this was due to the high popularity of NFT. On April 6, the project promises to launch JumpNet. This is a bridge that will solve many of the current problems in the NFT field.
JumpNet will be free to make instant transactions in the ENJ and ERC-1155 chains. In the pair, it will be added an update of the Efinity blockchain aimed at NFT. Therefore, the coin has good prospects for the price rise.
Ethernity Chain (ERN)
Popular altcoin, whose capitalisation is 111 million dollars. Due to the high demand, the coin has prospects for good growth.
This is due to the fact that ERN is associated with the NFT sphere. It is now thriving, so the price of the token may rise next week.
The article has an informational character, reflects the opinion of the author. Before you make a decision, analyze the market situation.