Top Crypto Gainers on August 12th: AMPL, LEND, The Third One Will Shock You!


Amid market immediate growth, many altcoins are carrying the brunt of the market take-off force. These classifications are among the top losers for the last 24 hours and may instigate the outset of the end of the much ambiguous alt season.


Although the price purge, in this case, is completely surpassed by those making profits, the total crypto market capitalization has not been affected much.

#1. Ampleforth (AMPL 28.3% Gain):

AMPL earns the top spot amidst this surge of presiding gainers with a 28.3%.

Top Crypto Gainers

AMPL profit comes following a decent price plunge early on into the trading day, which in turn, is launching a bull market within the last 8 hours

AMPL is instantly trading at $0.87 amid a market capitalization of $273 million. The coin’s exchange volume in the last 24 hours is approximately $47 million.

Technical Points

AMPL halted the resistance level at $0.80 to exceed the level. Finally, the coin rose all the way to $0.85 with a 28% profit.

Farther from this level, the additional level of key resistance lies at $0.90 where prices have evaluated and slumped in the past.

* Next major resistance $0.9

* Next major support at $0.85

* RSI approaching overbought condition at 70.0

#2. Aave (LEND 15.2% Gain):

Having achieved radiantly within the last year with about 12,000% profit, the coin made earnings last month with 89.4%. Also, last week, LEND gained around 35%. The cryptocurrency is down 1.0% in the last hour.

 Aave (LEND 15.2% Gain)

Now trading at $0.44, it seems the market conception is bullish in the short term. 71% of market respondents are bullish while 29% remain bearish on LEND.

Technical Indicators

LEND/USD glimpses bullish with prices looming above the top of the Bollinger Band. There’s a probable price increase above the Bollinger top where prices may head to the $0.5 level.

* Next major resistance lies at $0.5

* Next key support level at $0.4

* RSI penetrated the 70.0 level and further move upwards seems highly possible.

#3. Synthetix Network Token (SNX 8.2% Gain):

SNX snatches third place in today’s list. The coin is up around 8%.

Synthetix Network Token

SNX stunned some gains within the week invariably. The coin gained 11% within the last 7 days. Also, in the one-month timeframe, SNX earned 79% and is still up around 1,534% within the last year.

Technical Points

Prices overcame the $4.5 level and retested it shortly after. Building string support at the point, SNX broke through $5.0 support level. With the immediate resistance at $5.25, the next key support lies at $5.0.

* Next key support at $5.0

* Next key resistance at $5.25

* RSI broke through the 70.0 level upwards. A little retracement to 50.0 is imminent.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Dare Shonubi

Certified cryptocurrency expert and Blockchain journalist covering crypto market analysis and general Blockchain adoption and development.

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