Top Crypto Gainers of June 17: JASMY, LDO, and BRETT Lead Amid Market Fluctuations

The current crypto market has been a mixed bag, the third week of June. Some of the leading tokens that have risen slightly include Bitcoin, Ethereum, Solana, XRP, Toncoin, and Tron while others that have declined include BNB, Dogecoin, Shiba Inu, Cardano, Avalanche, Uniswap, and Chainlink. However, the overall market capitalization of cryptocurrencies has slightly declined by 0.09% to approximately $2.42 trillion, with the total market volume over the last 24 hours rising by 8.33% to $47.86 billion.

JasmyCoin (JASMY) Price Analysis

JasmyCoin has gained 3.79% today, reaching a price of $0.03595. The daily chart shows that the price is in a state of high fluctuation, ranging from $0.03456 and $0.03889. The Keltner Channels (KC) reveal that JasmyCoin is trading close to the upper band, which is a bullish signal. The Aroon indicator, with the Aroon Up at 78.57% and Aroon Down at 28.57% supports this upward momentum, which shows that there is strong buying pressure. The price has been on the rise in the last few sessions, which indicates that there is a high demand from investors, and the outlook is positive.

Also, the trading volume of JasmyCoin has increased significantly, which is in line with the price fluctuations. This increase in trading activity is a positive sign of liquidity and investor interest. The current price level is near the upper Keltner Channel, which may act as a resistance level; however, if JasmyCoin is to move above this level, it may be an indication of further upward movement. The support levels around $0.034 is an important area to monitor because it offers a cushion for potential pullbacks.

Lido DAO (LDO) Price Surges Above $2.0

Lido DAO has risen by 3.37%, trading at $2.05. The Bollinger Bands on the daily chart show that the volatility is moderate and the price is moving towards the upper band at $2.555. The Chaikin Money Flow (CMF) is slightly negative at -0.03, which indicates that while there is buying interest, it is not very strong. The price is above the middle Bollinger Band of $2.138, which means that it may further increase if there is an increase in the buying pressure. This positioning within the Bollinger Bands means that Lido DAO is in a breakout zone, waiting for a continuous bullish run.

The trading volume for Lido DAO has been quite high, with the total trading volume amounting to $145,895,608. This large volume helps to explain the price movement observed on the chart, which means that the current price trend is sustainable due to active investors. The slight negative value of the CMF does warrant some concern as it indicates some selling pressure, but the overall trend is still bullish. Investors should keep abreast of the $2.138 support level closely, as staying above this level could be interpreted as further strength and the possibility of further upward movement.

Brett (BRETT) Price Analysis

Brett has increased by 2.22% to $0.1474. The daily chart also depicts an upward movement in the price, and the AO is positive at 0.04557. The ADX is at 56, which is an average level of directional movement. 80 shows a positive and strong trend. The resistance level at $0.16611 and support at $0.12633 are important for forecasting future prices.

The ability of Brett to remain above the support level will be crucial in maintaining the upward trend. The AO’s green bars show that the bullish momentum is waning, however, the upward trend may continue if the price holds $0.1455 support.

The high value of the ADX indicates a strong ongoing trend, which is a bullish signal for the future price increase. Investors should pay attention to the volume and price movements around the $0.16611 resistance, which if breached could open the way for further upward movement. On the other hand, sustaining the support at $0.12633 is important for Brett to prevent himself from being subjected to downward pressure.