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An Overview of The Top 3 Performers in Crypto Space Currently

The crypto market started with trading at fairly low levels in the beginning of this year but showed signs of recovery later on in the month of January itself. Despite the prevailing conditions, some cryptocurrencies performed well in the bear market. Here is an overview of the top three crypto performers and an insight into their performance.

 

Litecoin (LTC)
Litecoin started the year with a trade price of approx $30. A recovery was witnessed when the prices rose to $39 and then surpassed $40 in a week. The prices slashed back to approx $30 by mid January. The next surge was seen on February 8 with the prices crossing $43 and $47 on 11th February. The surge made Litecoin the fourth largest coin by market capitalization. As per analysts, if the Litecoin price sustains above $47.246 it marks the end of a downtrend and investors will see a rise in the prices. If Litecoin turns downwards from $47.246, investors might experience a correction upto $33.
Early this month we heard about the Litecoin (LTC) partnership with Beam in a blockchain news report. Beam is a software development company, and the partnership intends to work towards a protocol named “Mimblewimble”. Also, CoinGate will be supporting Litecoin (LTC) Lightning Network payments on its blockchain payment gateway. These events seem to be boosting Litecoin’s price, and we expect to see a new high soon this year.
DASH
On the first day of the year, Dash was trading at approximately $79. Dash showed a downward trend from its December high of $101. On January 10 Dash recovered up to $87, and by the end of the month, it slashed below $69. Another recovery was seen on February 12 with Dash trading above $83 dollar. As the crypto has sustained above $74, it is likely to move up to $87 soon. If the prices cross the $87 bar, the next resistance is set between $103.261-$113 by the analysts. Investors will see the Dash picking momentum once it breaks the 20-week EMA. If Dash doesn’t cross the resistance bar, it will weaken and might even slash below $56.214.
Dash recently announced on February 11 about being accepted by Crypto Emporium which is an online retailer that accepts payment in crypto only. Also on February 8, Dash tweeted about the release of its Dash Core v0.13.1 after improving the software. The release resulted in a surge on the immediate next day. best crypto payment gateway 
Monero (XMR)
Monero was trading around $46 in January start and showed some recovery on January 3 and January 6. On January 10 Monero slashed up to $44.278. Monero had been trading low till the end of January. Since then the next recovery was seen on 8th February when it crossed $50. On February 12 it is trading around $48. If the prices slash below $38.5, investors will see a downtrend. On the upper side, crossing $60.147 will bring in momentum in the prices up to $81 as per analysts.
Recently the lead developer of Monero, Riccardo Spagni commented that Monero was designed as a privacy-preserving currency. Monero will undergo a Hard Fork on March 9 due to the analysis that 85% of Monero Hashrate was contributed by the ASIC hardware.

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