This week, crypto’s world market cap dropped from $1.41 trillion to $1.38 trillion. Nevertheless, a number of property bucked the pattern, whereas others succumbed to the bears. Right here’s a have a look at Kaspa (KAS), Render (RNDR) and Cardano (ADA).
Kaspa (KAS)
Kaspa is among the largest gainers this week, sitting third on the record of high weekly gainers among the many 100 largest crypto property on CoinGecko. Launched final 12 months, KAS has continued to achieve spectacular heights over the previous months, with an encouraging momentum recorded just lately.
![Top cryptos to watch this week: KAS, RNDR, ADA - 1](https://crypto.news/app/uploads/2023/11/KAS-price-Nov-19-1024x543.png)
The upsurge this week started on Nov. 13 following a drop to $0.0780. The asset witnessed a fast rebound from this decline, registering back-to-back every day successful classes from Nov. 14 to Nov. 18. With a 1.55% enhance immediately, Kaspa appears to be like to shut the day with its sixth consecutive intraday win.
Nevertheless, the most important worth leap occurred on Nov. 15, when the asset recorded a 30% enhance, considered one of its largest intraday surges. The uptrend was bolstered by prolonged help from notable crypto exchanges, together with Uphold and Binance. On Nov. 16, Binance unveiled plans to launch perpetual contracts for KAS.
The asset sustained the uptrend till it hit a brand new all-time excessive (ATH) of $0.1468 immediately, per information from CoinGecko. Regardless of a slight 2.49% drop from the ATH, Kaspa has retained its momentum. At present, altering fingers at $0.1428, the asset is buying and selling manner above the 50-day EMA ($0.0723) and the 200-day EMA ($0.0446).
Render (RNDR)
Render additionally made some vital strikes this week, with a powerful 40% achieve since Nov. 13. The asset’s resurgence is nothing wanting commendable, having recovered from two consecutive dropping classes in the beginning of the week, with a 6.64% drop on Nov. 13 and Nov. 14.
![Top cryptos to watch this week: KAS, RNDR, ADA - 2](https://crypto.news/app/uploads/2023/11/RNDR-price-Nov-19-1024x544.png)
RNDR recovered these misplaced values with a large 26.2% enhance on Nov. 15. This surge was triggered by the bullish worth actions recorded within the broader crypto market, as Bitcoin surged to a brand new yearly excessive of $37,980. Render rode on the rally, posting extra substantial good points.
Because the surge spilled into Nov. 16, RNDR emerged as the highest gainer among the many largest 100 property by market cap. Amid the uptrend, the asset surged to a 21-month excessive of $3.59. The final time Render noticed this worth stage was in February 2022.
RNDR trades for $3.46, up 10% over the previous 24 hours. The asset is the third-biggest gainer this week, with a 40.4% enhance. Render is on a journey to leverage the continuing rally to get better the $4 territory. Nevertheless, the asset would wish to overcome the pivotal resistance factors at $3.526, $3.734 and $3.999.
Cardano (ADA)
Cardano is among the property that succumbed to bearish strain this week, regardless of fervent resilience from the bulls. ADA is down by a meager 1.9% from the $0.3835 worth it began this week with. The start of the week was not favorable for the asset, with a 6.94% drop on Nov. 13.
![Top cryptos to watch this week: KAS, RNDR, ADA - 3](https://crypto.news/app/uploads/2023/11/ADA-price-Nov-19-1024x546.png)
Nevertheless, ADA mounted a comeback, holding off the bears on Nov. 14 when the remainder of the market was down. The next day, Cardano recorded a powerful 5.84% intraday achieve. The asset finally broke above the $0.40 stage on Nov. 16 for the primary time since April, surging to a excessive of $0.4095 earlier than going through immense resistance.
Since dropping from the $0.4095 excessive, ADA has continued to defend the help at $0.3488. The asset rallied to $0.3791 immediately however witnessed one other roadblock, main to a different decline. To beat the much-coveted $0.40 zone, ADA should overcome the Fibonacci stage at 1, presently stationed at $0.4183.