Top Crypto Gainers Today on DEXTools – XV, PEPED, PIDOGE

Trent Alan
Last updated: | 8 min read
Top Crypto Gainers Today on DEXTools – XV, PEPED, PIDOGE
XV, PEPED & PIDOGE are the top crypto gainers on DEXTools today amid volatility. Image Source: DEXTools X Account / DEXTools Logo

Although Bitcoin has been seeing volatility lately, many coins are seeing impressive gains, with XV, PEPED, and PIDOGE emerging as the top crypto gainers today on DEXTools with data showing impressive gains. This fluctuation comes as crypto investors take profits and rebalance portfolios.

The total cryptocurrency market capitalization briefly surpassed $1.45 trillion during the latest rally but has since retreated to around $1.4 trillion as of writing.

Analysts say sideways trading is likely in the short-term absent any significant developments. Some remain hopeful for a potential Santa Claus rally to close out the year, however.

The departure of Changpeng Zhao as Binance CEO initially dragged down crypto prices, but stability returned after it was reported US authorities currently have no plans for further regulatory actions against the exchange.

The situation highlighted the importance of settlements between law enforcement and digital asset providers.

In another positive sign, the Grayscale Bitcoin Trust (GBTC) discount decreased to around 8%.

This indicates rising confidence among investors, along with expectations for the potential approval of a Bitcoin spot ETF by the January 10, 2024 deadline set by the SEC.

November saw a total trading volume of around $730 billion on centralized exchanges, the highest level since early Q2 2023.

However, market liquidity has not kept pace proportionally, pointing to ongoing caution among market makers.

Some analysts have warned of potential near-term weakness and a possible pullback into the lower $30,000 level for Bitcoin.

Overall, the market appears to be transitioning from the crypto winter of 2022 into a potential new bull cycle.

This period is typically marked by volatility, with rapid ups and downs, and developments around exchange-traded funds (ETFs) hold particular influence.

While the major cryptocurrencies seesaw, some smaller altcoins are posting outsized gains. According to data tracker DEXTools, the top crypto gainers today are XV, PEPED, PIDOGE.

XV’s Uptrend Intact: Navigating Potential Pullbacks

tradingview chart for the XV price
Source: DEXTools / XVUSD

XV has seen a 1,275.87% surge within its first 10 minutes of listing earlier today. The cryptocurrency now finds itself entering price discovery mode as it attempts to extend higher.

From a technical perspective, XV is currently trading around the $0.00001117 level as it holds above the 10 EMA at $0.00001102 and the 20 EMA at $0.00001079 on the 15-minute chart.

With XV in price discovery mode, traders should be aware of potential areas of resistance overhead. The initial resistance zone appears to be around the extended Fib 0.272 level at $0.00001380.

If XV can continue this upside momentum and take out $0.00001380, it could open the door for a further surge higher into blue sky territory.

However, if the $0.00001380 level acts as stiff resistance, XV may need to pull back and consolidate before regaining momentum to break above it.

On pullbacks, XV has initial support around the 10 EMA at $0.00001102 followed by the 20 EMA at $0.00001079.

As long as XV holds above these short-term moving averages, the uptrend remains intact.

However, a breakback below the 20 EMA could signal a short-term trend change to the downside.

Aggressive traders may look to buy dips down toward the 20 EMA if it holds as support.

Overall, XV remains in a strong uptrend but faces initial resistance around $0.00001380. A break above that level opens the door for further upside.

Support comes in around the 10 and 20 EMAs between $0.00001102 and $0.00001079.

Traders should continue monitoring price action closely as XV discovers new highs.

PEPE DAO PEPED Price Soars 1,450% As One of the Top Crypto Gainers Today on Dextools

tradingview chart for the peped price on dextools
Source: DEXTools / PEPEDUSD

PEPEDAO (PEPED) experienced a tumultuous entry into the cryptocurrency markets.

It posted an astounding 8,000% gain within mere hours of its listing on November 24, only to plummet by 97% the following day.

Since then, the PEPED price has remained relatively stagnant, until a spark of trading activity today propelled it upwards by 1,452.05%, to its current price of $0.0003048.

Let’s delve into the technical indicators to gain a better understanding of the PEPED price action and potential future movements.

The 4-hour 10 EMA (Exponential Moving Average) for PEPED currently stands at $0.0001818, significantly above the 20 EMA of $0.0001284.

Typically, when a short-term EMA crosses above a long-term EMA, it’s perceived as a bullish signal.

However, given the extreme volatility the PEPED price has exhibited recently, this bullish signal should be viewed with caution.

The fact that PEPED is trading significantly above its EMAs suggests the possibility of a retracement in the near term, as prices tend to revert to the mean.

This is further substantiated by the immediate support levels being the 10 EMA and the 20 EMA.

The immediate resistance level, on the other hand, stands at $0.0005192.

If the PEPED price manages to break through this level, it could signal the beginning of a new bullish trend.

This scenario would be particularly viable if accompanied by high trading volumes, which would indicate strong market conviction.

Considering the current state of the market and the technical indicators, traders should approach the PEPED price with prudence.

While the cryptocurrency has shown potential for another substantial run, it has also demonstrated a propensity for equally dramatic downturns.

Traders may want to consider setting stop-loss orders around the immediate support levels to limit potential losses if the PEPED price retraces.

On the flip side, if the PEPED price breaks through the resistance level, traders should look for confirmation in the form of a sustained price move with high volume before taking a long position.

While the PEPED price has shown signs of bullishness, the extreme volatility warrants cautious trading.

Monitor the price action and technical indicators closely, and trade within predefined risk limits, in order to navigate the unpredictable nature of this new cryptocurrency.

Bullish Signals for PIDOGE: A Closer Look at Technical Indicators

tradingview chart for the pidoge price
Source: DEXTools / PIDOGEUSD

The PIDOGE price has been leading the way as the top crypto gainer today, rocketing up by 5,527.24% on DEXTools.

Now trading at $0.00001733, it’s caught the attention of traders and investors alike.

However, with the price now experiencing a slight retracement, the question on everyone’s mind is whether this is the end of the rally, or merely a healthy pullback before another surge.

Let’s dive into the technical indicators to decipher what they might suggest about the PIDOGE price action and its potential direction in the near future.

The 5-minute 10 EMA for PIDOGE currently sits at $0.00001865, slightly above its 20 EMA of $0.00001698, which in turn surpasses the 50 EMA of $0.00001193.

In usual circumstances, this arrangement of short-term EMAs being above long-term EMAs suggests a bullish trend.

However, given the extreme volatility shown by PIDOGE price today, one should approach this bullish signal with caution.

The immediate resistance is the 5-minute 10 EMA of $0.00001865, followed by the intraday high of $0.00002173.

If the PIDOGE price can break through these levels, it would signal a potential continuation of the bullish trend.

However, watch for high trading volumes at these levels to confirm the market’s conviction in this move.

Conversely, the immediate support is the 5-minute 20 EMA of $0.00001698. A breach of this support level could trigger a larger retracement or even a trend reversal.

The RSI currently stands at 56.02. This falls within the neutral territory, suggesting the recent price rise hasn’t led PIDOGE into overbought territory yet.

The RSI level indicates there may still be room for the PIDOGE price to rise before it reaches overbought conditions, typically marked by an RSI above 70.

Given the PIDOGE price’s current state, traders should be prepared for continued volatility.

The potential for further gains is there, but the swift rise also brings the risk of a rapid pullback.

Traders should keep an eye on the resistance levels and the volume of trading as the PIDOGE price approaches them.

A high volume breakout might suggest a continuation of the bullish trend. On the other hand, traders should also watch the support level closely.

A break below the 5-minute 20 EMA could signal a larger retracement, and traders might consider setting stop-loss orders around this level to limit potential losses.

While the PIDOGE price’s gain today has created exciting opportunities, consider trading with caution due to the heightened volatility.

Traders should carefully observe the price action and technical indicators, trading within predefined risk limits to navigate this fast-paced market.

XV, PEPED, and PIDOGE have exploded onto the scene as top crypto gainers today on DEXTools, but trading such volatile microcaps requires caution.

As an alternative way to gain crypto exposure, investors are increasingly looking at presales of promising new projects still in development.

The tokens often launch at low prices, providing a large upside if the initiative gains traction post-launch.

Lesser-Known Crypto Alternatives with Potential

While high-risk, high-reward crypto assets may seem appealing, they can also carry substantial downside dangers.

For those seeking crypto alternatives with better chances of returns in the short term, participating in crypto presales may be an option to consider.

In a presale, investors can purchase tokens of new crypto projects that are still in development. The tokens tend to be priced low at this early stage.

Many presale offerings have strong teams and promising ideas to build useful platforms or applications in the crypto space.

Identifying these promising projects early can provide excellent risk/reward potential.

The analysts at dedicate significant time to evaluating presale offerings to find the ones they consider to have the most potential.

Here is a list of 20 of their highest-rated crypto presales to keep an eye on in 2023.

20 New Cryptocurrency to Buy in November 2023

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission.