• Despite recent market turmoil, there are five cryptos that did well.
• Waves tops the list, with a 94% rise in sales over the week before.
• ADA, GRT and XLM are all included on this list.

There had been some turmoil in the crypto market over the past few weeks. The top 10 cryptocurrency on the market saw their first drop. After the collapses in TerraUSD (UST), and LUNA, governments and International Monetary Funds (IMF) pushed for a global cryptocurrency regulatory framework.

The world’s cryptocurrency market has surpassed $1.31 Trillion on Thursday. The market has declined slightly since that time, now standing at just over $1.22 billion. Let’s examine the top five cryptocurrencies of the previous week.

Waves (WAVES).

The WAVES price rose for 7 consecutive days from its $4.18 lowest, representing 94% of the increase. The buyers also provided large volumes momentum breaches from $8.14 resistance which gave traders a long chance to trade. Although the supply pressure of $10 could cause a temporary drop, it is possible that the trend will resume upwards.

Waves traded at $8.31 after a 11% decrease in price over the 24 hours.

Helium (HNT)

HNT rose by more than 30% during the week. Helium’s price is now at $9.41 and has gone up nearly 6.69% in the past 24 hours. Helium investors have been steadily increasing the price of cryptocurrency in anticipation of a rise to the $10 level. The market capitalization has risen by 6 percent to $2 billion. In the last 24 hours, trading volumes have increased 83% to $36.2 Million.

(ADA)

Last week, ADA had a solid uptrend that significantly outperformed all other cryptocurrencies. In the past seven days, altcoin has risen by 24.16%. ADA was one of last week’s best-performing cryptocurrencies. It has fallen by 0.22% to $0.5583.

If the price is able to overcome the $0.6094 initial barrier at the current trend it will open doors towards $0.70 on May 9, 2022, which would be followed by resistance at $0.6671. Further strengthening the bullish outlook is the Moving Average Convergence Divergence (MACD curve) which has created higher highs beyond the neutral zone.

GRT (Graph)

An increase in Graph’s price last week was a sign of bullishness, as the analysis revealed Graph prices had increased by 16.39%. Today’s crypto price is $0.1613. This represents a 4% decrease in value over the last 24 hours. GRT prices broke above the 20-day exponential moving mean (EMA) giving long trades an additional advantage. However, any possible rally may be impeded by the DMAs remaining (50, 100, 200).

Stellar (XLM)

XLM rose 15.88% and 0.26% respectively last week due to a bullish trend. At $0.144, the altcoin has an estimated value. Since rebounding from May’s lows and the horizontal support level at $0.1019, has traded above the $0.1500 price zone. Moving averages provide the initial northward resistance, and have set the price target of $0.2250 (XLM) for XLM. Stellar was initially $0.1183 and gradually increased to $0.1539.

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