Metaverse crypto sector is on the rebound, with the sector clocking over 5% gain in market cap. Magic,High and Combo are the top gainers being up more than 10%.
As the whole crypto market posted healthy gains, the metaverse crypto sector is also netting good returns. The combined trading volume is up by 36% to $2.94 billion. Let’s look at the top gainer coins price chart and analyse their trend.
MAGIC Crypto Price Analysis
Magic Crypto current price is $0.8062 with a 24h trading volume of $65 million and market cap of $178 million. The coin is up by 14%.
Moving in parallel channel, rising from supports and rejecting from resistance, entry can only be considered upon a violent breakout or harsh breakdown.
COMBO Crypto Price Analysis
Combo Crypto current price is $0.961 with a 24h trading volume of $11 million and market cap of $68 million. The coin is up by 8%.
Tapping supports and resistances, continuously failing either ways to break. Entry could only be considered upon successful breakout or breakdown.
HIGH Crypto Price Analysis
High Crypto current price is $1.34 with a 24h trading volume of $18 million and market cap of $51.1 million. The coin is up by 10%.
Consolidating in an Descending triangle which is technically a bearish pattern, if a breakdown with good retest occurs, shorts should loaded.
Conclusion
The crypto market is experiencing an upward streak now, so naturally all cryptos are performing well. The metaverse crypto sector is no exception.
The investor should remain cautious in such situations because a small fall can be observed after a bullish uprun.
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