Top Crypto Gainers: ENS, CRV, SEI – Bulls eye further gains amid breakout runs, golden crossovers 

The broader cryptocurrency market maintains bullish momentum, with altcoins such as Ethereum Name Service (ENS), Curve DAO (CRV), and Sei (SEI) extending gains amid Bitcoin (BTC) slipping below $118,000.  The technical outlook suggests a bullish bias as the uptrend gains momentum and indicators signal a potential trend reversal. 

ENS eyes extended gains as bullish momentum increases 

ENS appreciates nearly 9% at press time, printing its fourth consecutive bullish candle on the daily chart. The altcoin reaches a five-month high, edging above the $24.88 level, last tested on June 11. 

A positive close above this level could stretch the trend reversal rally to the $28.29 level, last tested on February 23.

The 50-day Exponential Moving Average (EMA) inches closer to surpassing the 100-day EMA. Typically, sidelined investors could consider this a buy signal. 

The Moving Average Convergence/Divergence (MACD) indicator suggests increased bullish momentum as histogram bars surge above the zero line. 

ENS/USDT daily price chart.

If ENS fails to uphold dominance above $24.88, it could extend the decline to test the 200-day EMA at $21.33.

Curve DAO aims to surpass the $0.80 resistance level

CRV edges higher by 4% so far on Wednesday, maintaining its uptrend for the fourth consecutive day. The uptrend targets the 50% Fibonacci retracement level at $0.80, drawn from the $1.24 close on December 6 to the $0.36 close on March 10. 

A daily close above this level could extend the uptrend to the 61.8% Fibonacci level at $0.91.

The 50-day and 200-day EMAs exhibit a golden crossover, indicating a trend reversal as the short-term trend surpasses the longer-term trend.

The MACD and its signal line crossing above the signal line and green histogram bars rising from the same line indicate a surge in bullish momentum.

CRV/USDT daily price chart.

On the downside, a reversal in CRV from the 50% Fibonacci level at $0.80 could result in a pullback to the $0.73 level marked by the June 10 daily close.

SEI targets further gains with a resistance breakout

SEI edges higher by 1% at press time on Wednesday, holding the 10% gains from Tuesday. The altcoin hits a six-month high as it exceeds the $0.3642 resistance, last tested on January 21.

A decisive bullish candle above this level could extend the uptrend to the $0.4804 level, the year-to-date high. 

The rising 50-day EMA inches closer to the 200-day EMA, hinting at a golden cross. The MACD crosses above its signal lines, accompanied by increasing green histograms that move above the zero line, signaling a boost in bullish momentum. 

SEI/USDT daily price chart.

On the contrary, if SEI marks a close below $0.3642, it could retest the $0.3066 level, marked by the high of June 24.