Best Crypto To Buy Now On December 7

The crypto world again roared as Bitcoin soared over $44K along with top gainers and some of the best crypto to buy BTT, HNT, and BEAM.

In light of the recent bullish trend, there has been a notable price disparity between the top 100 and top 200 tokens within the entire cryptocurrency market. The current global cryptocurrency market cap stands at $1.65 trillion, reflecting a 1.6% change in the last 24 hours.

The total trading volume in the cryptocurrency market over the past day amounts to $90.5 billion. Bitcoin holds a dominance of 51.2%, while Ethereum’s dominance is recorded at 16.3%. Let’s see how the top gainers have recently performed.

Best Crypto To Buy Now

BitTorrent (BTT) Price Prediction: Price Jumped Above 60%

BTT’s price action has formed a falling wedge pattern on the weekly chart, but the recent surge in the last 24 hours can be attributed to surrounding hype.

Remarkably, the token has broken out from the declining pattern, resulting in an impressive 60% bull run within a single week. The 21-day Simple moving average (SMA) positioned below the current trading price indicates a bullish trend. Interestingly, despite the bullish momentum, the Relative Strength Index (RSI) is at 33.

As of now, the BitTorrent (BTT)  price stands at $0.000000763811, accompanied by a 24-hour trading volume of $341 million. While there has been a 3.43% price decline in the last 24 hours, there has been a significant 66.45% price increase over the past 7 days.

Also Read: Bitwise CIO Matt Hougan Predicts Bitcoin (BTC) To Hit New ATH Amid Crypto Spring

Helium (HNT) Price Prediction: Breaking The Resistance

HNT’s price action has recently experienced a breakout from an upward trending pattern, gaining significant momentum after surpassing the $3 resistance level.

The 21-day Simple moving average (SMA) signals a bullish trend throughout the week, complemented by an overbought zone Relative Strength Index (RSI) at 89.

At press time Helium (HNT) price was trading at $5.20, accompanied by a 24-hour trading volume of $32 million. This signifies an impressive 22.92% price increase in the last 24 hours and a remarkable 76.32% surge over the past 7 days.

Beam (BEAM) Price Prediction: Consecutive Bull Runs

BEAM’s price has gained substantial momentum after breaking the $0.0100 resistance, achieving an impressive move to the $0.015 mark.

The 21-day Simple moving average (SMA) positioned below the trading value indicates bullish pressure, while the Relative Strength Index (RSI) at 60 suggests slight selling pressure.

As of writing, the price of Beam (BEAM) was trading at $0.01561871, accompanied by a 24-hour trading volume of $65 million. This reflects a noteworthy 5.74% price increase in the last 24 hours and an outstanding 72.18% surge over the past 7 days.

Also Read: JPMorgan Could Launch A Bitcoin ETF, Says ETF Expert Nate Geraci

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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