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The search for direction in the crypto continues: These 5 altcoins quickly recovered
Bitcoin, which received a reaction at $90,500, has not yet started to rise, but it has brought a green light to the altcoin market.
After failing to exceed $100,000, Bitcoin faced selling pressure and rebounded from $90,500. The leader of the cryptocurrency market, which rose as high as $93,500, increased investment in the altcoin market. Although the outlook on BTC is not entirely positive, investors have regained confidence. So, which altcoins stood out with their increases in the last 24 hours?
1- Celestia (TIA)
TIA, the pride of the Cosmos ecosystem, has recorded an 11% increase in the last 24 hours. TIA, which has been rising steadily in recent days, continues to bring a smile to its investors' faces. The critical level for the popular altcoin will be $10. Crossing this level will accelerate the bull run.
2- Fantom (FTM)
FTM, which has made a name for itself in the 2021 bull, has performed 9% in the last 24 hours. FTM, which also gave positive signals for the upcoming bull season, increased expectations. As long as FTM stays above $1, the bullish movement is likely to continue.
3- Aave (AAVE)
With the rise of DeFi, AAVE has gained momentum and increased by 8 percent in the last 24 hours. After a long hiatus, AAVE has made its way onto the list and surpassed a critical level. The resistance level that AAVE investors should monitor is $200.
4- Algorand (ALGO)
ALGO, which has been silent among Layer-1 projects, has finally managed to catch up. ALGO, which has increased by 7 percent in the last 24 hours, resisted the decline in BTC well. If ALGO can hold above $0.30, it could target $0.50.
5- Lido DAO (LDO)
Despite the decline in Bitcoin, Ethereum remains strong, increasing demand for coins in the ecosystem. In particular, the rise in LDO has attracted attention. LDO, which gained 5% in the last 24 hours, entered the list from the fifth place.