FTM’s Price Has Soared Over the Last Week, AVAX and DOT Next?

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$FTM_made_a_significant_run,_Also_$AVAX,_and_$DOT_starts_to_look
  • FTM printed outstanding 30+% gains over the last week.
  • AVAX and DOT have also printed double-digit weekly gains.
  • AVAX and DOT’s daily charts suggest that their price will soar even more this week.

The price of Fantom (FTM) has risen 3.16% over the last 24 hours according to CoinMarketCap. FTM has had a stand-out performance over the last week as the altcoin’s price soared more than 30% over the period. As altcoins start this week on a high, Avalanche (AVAX) and Polkadot (DOT) seem to be gearing up for a move up as well.

The price of AVAX has posted double digit gains over the last week as well. At press time, AVAX’s price stands at $14.16 following a 15.26% increase over the last 7 days. This positive weekly price performance seems to have continued over the last 24 hours as the altcoin’s price is also up 3.67% over the last day.

Daily chart for AVAX/USDT (Source: CoinMarketCap)

AVAX’s daily chart is very bullish at the moment as the price of AVAX has broken above the daily 9 and 20 EMA lines. In addition to this the daily RSI line is sloped positively above the daily RSI SMA line, and the daily 9 EMA is attempting to cross above the daily 20 EMA line. Should this cross happen, AVAX’s price will rise to a minimum of $15.44.

Meanwhile, DOT’s price tells the same positive story as its price rose just more than 10% over the last week and 2.76% over the last 24 hours. This has taken DOT’s price up to $5.69 at press time.

Daily chart for DOT/USDT (Source: CoinMarketCap)

The daily chart for DOT is also bullish as the daily RSI line is sloped positively above the daily RSI SMA line, and the daily 9 EMA is also looking to cross above the daily 20 EMA line.

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