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Top Crypto Gainers Of August 31st : FXC 28%, ZIL 13%, WAVES 7%

Bitcoin seemed to have stabilized its price over the weekend. As the top cryptocurrency moves towards the $12,000 mark again, it keeps wading off competitions from top Defi tokens like YFI as well as Ethereum, both of which now sit confidently above $30,000 and $400 respectively.

Although Bitcoin falls short of these competitors and couldn’t report enough gains to make our list today, the controversial crypto is looking good in the short term.

FXC takes the lead in today’s version of our daily top performers with almost 30% profit while subordinates like ZIL and WAVES are coming behind with normal earnings.

#1. Flexacoin (FXC 27.86% Gain):

Flexacoin

FXC rates first on this record with a 24-hour percentage gain also around 27.86%. Many traders acknowledge that this is the continuation of a price rally for FXC as over 80% of respondents are bullish on Flexacoin.

The coin is up by around 262% since last year and by 63% within the last two weeks. Nonetheless, the coin scores 99% gain within the last month but gained 0.1% within the last hour.

FXC is now changing hands at $0.00919 amid 24-hour trading volume that averages $2.1 million. 

Technical Indicator

  • FXC penetrates the resistance at $0.0090
  • The next level of major support lies at $0.009
  • RSI is approaching the overbought condition and may cause a plunge soon.

#2. Zilliqa (ZIL 13.1% Gain):

ZIL

Zilliqa also earns a top spot among this wave of leading losers with an 13.1% gain.

Zilliqa’s [ZIL] loss comes amid many weeks of lateral activity which in turn, is launching a bear market within the last 30 hours

ZIL is presently trading at $0.023 with a market capitalization of roughly $248 million. The coin’s exchange volume in the last 24 hours is around $73 million.

Technical Points

ZIL halted the resistance level at $0.025. However, it soon fell below the level. Finally, the coin fell all the way back to $0.022 with a 14.9% weekly loss.

Beyond this level, the following level of key resistance lies at $0.025 where prices have assessed and declined in the past.

  • Next major resistance $0.025
  • Next major support at $0.020
  • RSI at oversold condition at 25.0

#3. Waves (WAVES 7% Up):

Waves

Waves have frequently made the titles previously. The coin increased extensively to secure the top gainer’s list today. Waves made about 7% profit within the last 24 hours.

The market opinion is bullish for Waves. 80% of traders chose for a buy, stipulating additional upward profit potential for this cryptocurrency.

WAVES has been in earnings since last year. The coin is up by almost 208% in a year and by 126% within the last 30 days. 1.7% loss was recorded within the last seven days and roughly 0.5% in the last hour.

Technical Indicators

  • Next major resistance at $3.55
  • Next major support level at $3.40
  • Resistance Strength Index rose through the 30.0 oversold condition
  • Bullish ride trends on top of Bollinger indicator.

WAVES is changing hands at $3.44 and its market cap is stable around $345 million.

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Dare Shonubi

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

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