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Best Crypto Gainers Today, January 15 - Decred, Dash, Humanity Protocol

Highlights:

  • The best crypto gainers today include Decred, Dash, and Humanity Protocol, with significant price surges over the last 24 hours.
  • Decred’s breakout from accumulation and inverse head and shoulders pattern point to continued bullish momentum.
  • Dash’s recent rally was driven by major market catalysts, including Alchemy Pay’s support and OKX’s relisting.

The crypto market continued its rally on Jan. 15, marking the third straight day of positive momentum. The bullish momentum has seen the overall market capitalization and the 24-hour trading volume surge to $3.27 trillion and $148 billion, respectively. Bitcoin climbed above the $97k mark before facing a pullback, while major altcoins recorded modest gains. Meanwhile, several tokens have registered significant gains to emerge as the best crypto gainers today. In the section below, we will discuss these assets, which include Decred, Dash, and Humanity Protocol.

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Best Crypto Gainers Today

1. Decred (DCR)

The privacy-based coin, Decred, has emerged as the best crypto gainer today with a surge of 34% over the last 24 hours. This latest rally builds on its ongoing upward journey, which has seen it gain 65% and 45% on weekly and monthly charts, respectively. Currently, DCR is trading at around $28.3, with a market cap of $465 million.

Source: CoinMarketCap

Decred has regained its strength since breaking out of the prolonged accumulation zone. According to crypto analyst AltCryptoTalk, the token recently confirmed an inverse head and shoulders setup on the four-hour chart. This structure usually indicates a possible bullish turnaround should the momentum continue in the short term.

The price has shifted above the key accumulation zone of $22 and $24, turning it into a support zone. The analyst anticipates that this range may be retested before the next upsurge. Should the buying pressure hold, the next key resistance is at the supply zone around the level of $36.5, which needs to be watched for the continuation of the trend.

2. Dash

At the time of writing, Dash is trading around $81, representing a 23% increase from Wednesday and roughly a 110% surge over the week. The bullish momentum has seen the altcoin’s market cap and trading volume surge to $1 billion and $1.35 billion, respectively.

Crypto
Source: CoinMarketCap

Dash has registered a robust rally following recent market catalysts that have boosted optimism and trading activity. On January 13, Alchemy Pay, a provider of fiat-crypto solutions, announced support for DASH. The move will enable world users to buy the token using credit cards, Apple Pay, and bank transfers in 173 countries.

This integration also coincided with the relisting of DASH by OKX, which was linked by analyst CryptoWinkle to fresh liquidity and market access. The analyst noted that the relisting of OKX renewed access and depth, which spurred participation.

3. Humanity Protocol (H)

Humanity Protocol is making headlines again today, after posting a surge of 160% on the monthly chart. H has made it on the list of best crypto gainers today after gaining more than 17% over the past 24 hours. The altcoin’s trading volume has increased by 70%, pushing the value to $190 million.

Source: CoinMarketCap

Looking at the daily chart, H’s price displays a steady uptrend with several indicators supporting this upward rally. The price bounced off successfully from the support zone around $0.4294 and is inching toward the next resistance at $0.21290. A break above this point could lead to a rally toward the key resistance at $0.3998.

Best Crypto Gainers Today, January 15 - Decred, Dash, Humanity Protocol
Source: TradingView

The 14-day Relative Strength Index (RSI) is hovering around 64 levels, rising toward the overbought region, and shows no signs of exhaustion. Meanwhile, the MACD line has initiated a crossover above the signal line, which suggests increased buying pressure, which could continue sending the price higher if the current trend holds.

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