Top 5 Crypto Performers Overview: Tron, Litecoin, Binance Coin, Dash, Monero

Published on by Cointele | Published on

Cryptocurrencies as an asset class are here to stay.

Efforts are in progress to integrate cryptocurrencies into the mainstream economy.

A few of the top cryptocurrencies are showing signs of bottoming out.

We suggest long positions on a close above $0.02815521, with a stop loss just below $0.021.Conversely, if the cryptocurrency fails to sustain the breakout and drops below $0.02815521 once again, it will remain range bound between $0.0183 and $0.02815521.

Will the new vision help change the fortunes for the struggling cryptocurrency? Let's find out.

We will get a confirmation if the price breaks out of the downtrend line and the previous swing high of $40.784.Long-term investors can expect the cryptocurrency to start a new uptrend if the price sustains above $40.784.

The company has rebranded its Trust Wallet as a multi cryptocurrency wallet, adding support to a larger number of blockchains and has improved its various features.

The cryptocurrency is already quite popular in Venezuela with over 2,600 merchants accepting it.

If the bears sink the cryptocurrency below $56.214, the downtrend will resume.

The crypto exchange Gemini chose to list Dash instead of Monero because its founders, the Winklevoss Twins believe that the regulators would be more favorable to Dash.