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Best Crypto Gainers Today, March 27 – Toncoin, PI, SUI

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Highlights:

  • The best crypto gainers today include Toncoin, Pi Network, and SUI, showing resilience amid bearish trends.
  • Toncoin continues its bullish trend with a potential target of $50 in the long term.
  • Pi Network forms a bullish two-bottom pattern, indicating possible upward movement soon.

The crypto market continues its bearish outlook, with the overall market cap and 24-hour trading volume declining to $2.84 trillion and $76 billion, respectively. The fear and greed index has dropped to 33 levels, indicating a fear sentiment in the market.

Amidst the bearish sentiment, several tokens have displayed resilience to trade in green. Here is a look at the best crypto gainers today, such as Toncoin, PIi Network, and Sui.

Best Crypto Gainers Today

1. Toncoin (TON)

Toncoin has emerged as the best crypto gainer today, surging 7% over the past 24 hours. At press time, TON trades at $3.84, elevating the weekly and monthly gains to 6% and 13%, respectively. In addition, its market cap and trading volume have surged to $9.54 billion and $225 million, respectively.

Source: CoinMarketCap

Toncoin is at the moment trading in the bullish trend having recovered from the support level of $2.50. The coin has established itself well within the accumulation zone of $2.50 to $3.50. If the price remains above $2.30 to $2.50, the scenario continues to look bright and has more room for an upward move.

Based on the breakout, the analyst outlines further value movement in reaching $20, $30, $40, and $50 as long-term vital points. However, if TON goes below $2.30 and is not able to find its way back above this mark, the trend may reverse to bearish.

2. Pi Network (PI)

Despite the trading in a descending pattern since achieving its all-time high at $2.98 at the end of February. Despite its bearish pattern, PI is trading on an uptrend today, having surged by 4%, pushing the price to $0.8415. The altcoin has a market cap and trading volume of $5.68 billion and $440 million.

Source: CoinMarketCap

An analysis of the Pi Network’s price chart reveals that it has a potentially reversing pattern. A two-bottom pattern has thus been formed, meaning that the two lowest fringes of the price range have been touched twice. This pattern is considered bullish as it is interpreted that an upward movement in the price is probable in the near future. The price of $Pi has recently crossed the $0.81 mark and has been on the rise and currently is at $0.84.

This is viewed by analysts as a positive sign, and more gains are anticipated in the near future. In this regard, $Pi may surge higher as it appears to have already formed a base, and therefore, it may begin an upward movement soon.

3. SUI

SUI has shown a remarkable rally, recently surging by 12% on its weekly chart. The altcoin has surged 3.70% in the past 24 hours, pushing the price to $2.70. SUI’s market cap and trading volume have also climbed to $8.58 billion and $1.34 billion, respectively.

Best Crypto Gainers Today - March 27, TON, PI, SUI
Source: CoinMarketCap

Looking at the current trend of SUI prices, it can be seen that these are bullish tendencies. The chart shows that SUI’s trend had been in a down-sloping pattern, but recently, it has constructed a rounding bottom in most of the indicators, which reflects a signal that it may turn soon. The coin has successfully reversed its downward trajectory, and its price appears to be heading toward a potential new all-time high (ATH).

For SUI to maintain this upward trend, it needs to breach two significant horizontal resistance levels. Once this happens, the coin could experience deeper upswings in its price in the market. These technical indicators and momentum suggest possibilities for another rise.

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