{"id":525348,"date":"2023-04-03T11:18:37","date_gmt":"2023-04-03T11:18:37","guid":{"rendered":"https:\/\/wncen.com\/?p=525348"},"modified":"2023-04-03T11:57:41","modified_gmt":"2023-04-03T11:57:41","slug":"top-5-coins-to-watch-in-the-first-week-of-april-2023","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/top-5-coins-to-watch-in-the-first-week-of-april-2023\/","title":{"rendered":"Top 5 Coins To Watch In The First Week Of April 2023"},"content":{"rendered":"
After experiencing gains last week, the current market structure is now posing a challenge to the progress made by the bulls. According to <\/span>CoinGecko<\/span><\/a>, the total market cap of cryptocurrencies has decreased by 2% in the past 24 hours, indicating a significant shift in sentiment as major cryptocurrencies’ momentum has slowed.<\/span><\/p>\n As the new month begins, these top 5 coins show promise amidst the current downturn. Investors and traders may find value in these cryptocurrencies as the market looks to regain ground in the coming days.<\/p>\n UNI\u00a0<\/strong><\/p>\n Uniswap is one of the household names in the world of decentralized finance. With its native token sitting at the price of $5.9, the token holds a potential upside in the medium to long term. Despite this, investors and traders will experience pain in the short term with UNI <\/span>slipping<\/span><\/a> 3% in the daily timeframe.\u00a0<\/span><\/p>\n 1\/ Introducing the Uniswap mobile wallet \ud83e\udd84\u2728<\/p>\n A completely self-custodial, open-sourced mobile app from the most trusted name in DeFi.<\/p>\n Now available as a limited early release – through Apple TestFlight. pic.twitter.com\/NmO8c0bXMs<\/a><\/p>\n \u2014 Uniswap Labs \ud83e\udd84 (@Uniswap) March 3, 2023<\/a><\/p><\/blockquote>\n On-chain development should drive the demand for UNI. After the <\/span>release<\/span><\/a> of its mobile wallet last month, the token\u2019s rebound from $5.8 is inevitable. Investors should also watch the charts of UNI as it moves to a narrower trading range.\u00a0<\/span><\/p>\n If the token manages to regain $6.2, UNI should have enough momentum for a bigger upside.<\/span><\/p>\n <\/p>\n APE<\/strong><\/p>\n Despite showing weakness after the January market rally, APE has recently shown promise for investors due to <\/span>strong on-chain developments<\/span><\/a> from Yuga Labs, the creator of the Bored Ape Yacht Club NFT collection. At the time of writing, the token has risen nearly 5% within the weekly timeframe, going against the current crypto market momentum.<\/span><\/p>\n APE is currently trading above $4, which is expected to support the bulls in the coming days. Furthermore, the narrow trading range in which the token finds itself adds to the bullishness. If the token breaks through $4.5, the potential upside for investors will grow significantly.\u00a0<\/span><\/p>\n TRX<\/strong><\/p>\n Despite the <\/span>recent<\/span><\/a> controversy about Justin Sun surrounding Huobi Global, the Tron ecosystem continues to thrive. TRX, the native token of the ecosystem, is up nearly 2% in the weekly timeframe. The token\u2019s price movement follows the crypto market\u2019s broader movement in the past few days.\u00a0<\/span><\/p>\n TRX is seen below the $0.065 resistance as it follows the current market slippage. If the bears capitalize on this downward pressure, TRX can drop toward $0.062 support. If the bulls can defend the drop to this support, the token can rebound toward $0.071.\u00a0<\/span><\/p>\n <\/p>\n ETC<\/strong><\/p>\n Ethereum Classic is Ethereum\u2019s fork that retains ETH\u2019s old characteristics. The altcoin certainly has a place in the portfolios of investors and traders. However, ETC has been struggling in the past few days. <\/span>CoinGecko<\/span><\/a> reveals that the altcoin is down more than 4% in the daily timeframe.<\/span><\/p>\n For ETC, the altcoin\u2019s price movement has stagnated above $20. Ethereum Classic is also trading at a narrow trading range which may lead to an explosive upside toward $23. If ETC bulls strengthen the current support, a retest or a possible breakthrough above this level is inevitable.\u00a0<\/span><\/p>\n <\/p>\n We’re ready to fund multiple efforts focused on unlocking #Bitcoin<\/a>‘s full potential with @Stacks<\/a> sBTC & more!<\/p>\n \u2b50 Decentralized Staking Pool View the Critical Bounties \ud83d\udc47 1\/2<\/p>\n \u2014 stacksfoundation.btc (@StacksOrg) March 31, 2023<\/a><\/p><\/blockquote>\n STX<\/strong><\/p>\n Stacks, which rounds up our top 5 coins roster, have been going bullish after a few weeks of pain. According to <\/span>CoinGecko<\/span><\/a>, STX, the ecosystem\u2019s native token is up more than 2% in the daily timeframe with the biggest gains being made in the monthly at nearly 6%. The organization\u2019s <\/span>recent<\/span><\/a> announcement that they will fund projects that would benefit the ecosystem\u2019s Bitcoin layer is expected to affect investor sentiment.\u00a0<\/span><\/p>\n STX is currently trying to rebound above the $0.868 support level. If successful, investors and traders could see gains in the coming days. STX bulls can comfortably target $1.1 in the short to medium term depending on the crypto market\u2019s sentiment.<\/span><\/p>\n -Featured image from GAAP Dynamics<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" After experiencing gains last week, the current market structure is now posing a challenge to the progress made by the bulls. According to CoinGecko, the total market cap of cryptocurrencies has decreased by 2% in the past 24 hours, indicating a significant shift in sentiment as major cryptocurrencies’ momentum has slowed. As the new month begins, these top 5 coins show promise amidst the current downturn. Investors and traders may find value in these cryptocurrencies as the market looks to regain ground in the coming days. Related Reading: These Top 5 Meme Coins Are Bleeding As March 2023 Ends \u2013 Here\u2019s Why Top 5 Coins To Watch This Week UNI\u00a0 Uniswap is one of the household names in the world of decentralized finance. With its native token sitting at the price of $5.9, the token holds a potential upside in the medium to long term. Despite this, investors and traders will experience pain in the short term with UNI slipping 3% in the daily timeframe.\u00a0 1\/ Introducing the Uniswap mobile wallet \ud83e\udd84\u2728 A completely self-custodial, open-sourced mobile app from the most trusted name in DeFi. Now available as a limited early release – through Apple TestFlight. pic.twitter.com\/NmO8c0bXMs \u2014 Uniswap Labs \ud83e\udd84 (@Uniswap) March 3, 2023 On-chain development should drive the demand for UNI. After the release of its mobile wallet last month, the token\u2019s rebound from $5.8 is inevitable. Investors should also watch the charts of UNI as it moves to a narrower trading range.\u00a0 If the token manages to regain $6.2, UNI should have enough momentum for a bigger upside. Bored Ape Yacht Club. Image: TheStreet APE Despite showing weakness after the January market rally, APE has recently shown promise for investors due to strong on-chain developments from Yuga Labs, the creator of the Bored Ape Yacht Club NFT collection. At the time of writing, the token has risen nearly 5% within the weekly timeframe, going against the current crypto market momentum. APE is currently trading above $4, which is expected to support the bulls in the coming days. Furthermore, the narrow trading range in which the token finds itself adds to the bullishness. If the token breaks through $4.5, the potential upside for investors will grow significantly.\u00a0 TRX Despite the recent controversy about Justin Sun surrounding Huobi Global, the Tron ecosystem continues to thrive. TRX, the native token of the ecosystem, is up nearly 2% in the weekly timeframe. The token\u2019s price movement follows the crypto market\u2019s broader movement in the past few days.\u00a0 TRX is seen below the $0.065 resistance as it follows the current market slippage. If the bears capitalize on this downward pressure, TRX can drop toward $0.062 support. If the bulls can defend the drop to this support, the token can rebound toward $0.071.\u00a0 Ethereum Classic. Image: Getty ETC Ethereum Classic is Ethereum\u2019s fork that retains ETH\u2019s old characteristics. The altcoin certainly has a place in the portfolios of investors and traders. However, ETC has been struggling in the past few days. CoinGecko reveals that the altcoin is down more than 4% in the daily timeframe. For ETC, the altcoin\u2019s price movement has stagnated above $20. Ethereum Classic is also trading at a narrow trading range which may lead to an explosive upside toward $23. If ETC bulls strengthen the current support, a retest or a possible breakthrough above this level is inevitable.\u00a0 Crypto total market cap currently at $1.14 trillion on the daily chart at TradingView.com Related Reading: Bitcoin Loses $28,000 Handle \u2013 Is A Retreat In The Offing For BTC? We’re ready to fund multiple efforts focused on unlocking #Bitcoin‘s full potential with @Stacks sBTC & more! \u2b50 Decentralized Staking Pool \u2b50 EVM compatible subnet \u2b50 sBTC Birgde \u2b50 Much more! View the Critical Bounties \ud83d\udc47 1\/2 \u2014 stacksfoundation.btc (@StacksOrg) March 31, 2023 STX Stacks, which rounds up our top 5 coins roster, have been going bullish after a few weeks of pain. According to CoinGecko, STX, the ecosystem\u2019s native token is up more than 2% in the daily timeframe with the biggest gains being made in the monthly at nearly 6%. The organization\u2019s recent announcement that they will fund projects that would benefit the ecosystem\u2019s Bitcoin layer is expected to affect investor sentiment.\u00a0 STX is currently trying to rebound above the $0.868 support level. If successful, investors and traders could see gains in the coming days. STX bulls can comfortably target $1.1 in the short to medium term depending on the crypto market\u2019s sentiment. -Featured image from GAAP Dynamics<\/p>\n","protected":false},"author":557,"featured_media":525364,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83386,3],"tags":[142,428,6664,83767,3505,88041,88067,11808,80532],"class_list":["post-525348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-news","tag-altcoins","tag-bitcoin","tag-crypto","tag-meme-coins","tag-price-analysis","tag-top-5","tag-top-5-coins","tag-tron","tag-uniswap"],"acf":[],"yoast_head":"\nTop 5 Coins To Watch This Week<\/strong><\/h2>\n
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Bored Ape Yacht Club. Image: TheStreet<\/pre>\n
Ethereum Classic. Image: Getty<\/pre>\n
Crypto total market cap currently at $1.14 trillion on the daily chart at TradingView.com<\/a><\/pre>\n
\n
\n\u2b50 EVM compatible subnet
\n\u2b50 sBTC Birgde
\n\u2b50 Much more!<\/p>\n