Top 5 Crypto Performers Overview: Litecoin, Binance Coin, EOS, Dash, Monero
Tron (TRX) and Binance Coin (BNB) are two of the major cryptocurrencies that leaped ahead while Bitcoin continued to languish in a tight range. This shows that the traders are not waiting for Bitcoin to lead the market out of its crushing bear phase.However, positive comments by Robert J. Jackson Jr., the United States Securities and Exchange Commission’s (SEC) only Democratic commissioner, on the possibility of a Bitcoin exchange-traded fund (ETF) getting the green light from the regulator have soothed sentiment.Litecoin jumped to the fourth position by market capitalization following the spike on Feb. 8. Has the cryptocurrency turned the corner and is on its way up, or is this just a flash in the pan that will die down quickly? Let’s look at the charts to find out.All the lucky BTT investors are currently sitting on huge gains. Hence, the interest in the next sale of the FET tokens is likely to be similarly high. Is this a sign of revival of the initial coin offering (ICO) market? It is too early to confirm, but it is certainly a positive sign.The investors are favoring select cryptocurrencies and EOS is one of them. It has risen by about 17 percent this week, taking the spot of the third-best performer.Nevertheless, if the bulls break out of the range, a rally to $81 will be probable. The 20-week EMA might offer a minor resistance, but we expect it to be scaled. However, $81 might act as a stiff resistance. If the cryptocurrency breaks out of it, we can expect a rally to $150.