Top cryptos to watch this week: KAS, RNDR, ADA

This week, crypto’s global market cap dropped from $1.41 trillion to $1.38 trillion. However, several assets bucked the trend, while others succumbed to the bears. Here’s a look at Kaspa (KAS), Render (RNDR) and Cardano (ADA).

Kaspa (KAS)

Kaspa is one of the biggest gainers this week, sitting third on the list of top weekly gainers among the 100 largest crypto assets on CoinGecko. Launched last year, KAS has continued to reach impressive heights over the past months, with an encouraging momentum recorded recently.

KAS price – Nov. 19 | Source: Trading View

The upsurge this week began on Nov. 13 following a drop to $0.0780. The asset witnessed a quick rebound from this decline, registering back-to-back daily winning sessions from Nov. 14 to Nov. 18. With a 1.55% increase today, Kaspa looks to close the day with its sixth consecutive intraday win.

However, the biggest price jump occurred on Nov. 15, when the asset recorded a 30% increase, one of its biggest intraday surges. The uptrend was bolstered by extended support from notable crypto exchanges, including Uphold and Binance. On Nov. 16, Binance unveiled plans to launch perpetual contracts for KAS.

The asset sustained the uptrend until it hit a new all-time high (ATH) of $0.1468 today, per data from CoinGecko. Despite a slight 2.49% drop from the ATH, Kaspa has retained its momentum. Currently, changing hands at $0.1428, the asset is trading way above the 50-day EMA ($0.0723) and the 200-day EMA ($0.0446).

Render (RNDR)

Render also made some significant moves this week, with an impressive 40% gain since Nov. 13. The asset’s resurgence is nothing short of commendable, having recovered from two consecutive losing sessions at the start of the week, with a 6.64% drop on Nov. 13 and Nov. 14.