After Bitcoin led the rally among top cryptos yesterday and breaching the $28,000 level, there has been a reversal in the sentiment surrounding the digital currency market. According to CoinMarketCap, the total market valuation of cryptocurrencies rose by 2.17% in the past 24 hours, leading to investors grabbing profits as prices follow the alpha coin.
Altcoins have benefitted from this heavily. CoinGecko data shows that L1 tokens and Smart Contract-related coins have enjoyed a boost in price from the latest rally by Bitcoin. With the anticipation that the US Federal Reserve would not impose another interest rate hike, these five tokens below are expected to advance further in the coming days.
Top 5 Cryptos Expected To Rally This Week
Touted as the portal to the new internet, the Mask network’s native token bearing the same name has grown in popularity. According to CoinGecko, MASK is up nearly 40% in the past 24 hours.
At its current price of $6.21, the token can face significant resistance at $6.4. However, MASK does have a strong supply at $3.8 if the token ever faces a correction. In the…