Yaz Sheikh, Publisher at CoinCodex

Bitcoin is now up by a total of 61% over the past month of trading alone as the cryptocurrency finally surges back beyond $50,000 today. The cryptocurrency had found resistance at $47,820 (bearish .618 Fib Retracement) last week, which caused the coin to fall into the support at $43,915 (.382 Fib Retracement) last Thursday.

Bitcoin is up by another 14% over the week as the cryptocurrency battles to climb further above $46,300. The coin had hit as high as $46,780 on Wednesday but rolled over from there to hit support at the $44,000 level, provided by a short-term rising trend line.

Ethereum is up by a very strong 25% over the past week of trading as the cryptocurrency battles to break above resistance at $3,155, provided by a bearish .5 Fib Retracement. The coin has been surging ever since it rebounded from $1,710 earlier in July. It was trading inside an ascending price channel but has since broken above the channel to turn parabolic. However, the resistance at $3,155 seems quite significant, and the buyers have failed to close above here over the past three days of trading.

In our latest article featuring the top coins to watch for the week, we highlighted Chiliz, Constellation and Sparkpoint. While we covered these coins from a fundamental perspective, let's now take a look at how CHZ, DAG and SRK are positioned in the markets.

It seems that the cryptocurrency market has shrugged off last week’s US Infrastructure Bill taxation after surging 16% on the week to climb above the 200-day EMA level and create the first higher high structure seen since before the mid-May market collapse.

Ethereum is up by a very powerful 19% this week as the cryptocurrency managed to reach as high as $3,000 yesterday. The coin is trending inside an ascending price channel and has been inside this pattern since July 20th.

Although Bitcoin might have dropped today, the recent bullish surge toward $40K has helped a significant number of altcoins to display a strong price hike this week. Let's check out how ETH, NEO and STX, our top coins to watch for the week, are doing in the markets.

With BTC surging by 25% this week, the positive market sentiment could also be reflected in the altcoin markets. Today, we will check out Flow, Helium and E-RADIX, which are the three cryptocurrencies that we're featuring in this week's top coins to watch article.

Bitcoin saw a huge 7% recovery candle yesterday. The cryptocurrency slipped beneath the lower boundary of a descending triangle pattern on Monday and continued lower on Tuesday to reach as low as $29,300.

Earlier today, we released a new article about this week's top coins to watch. These included Origin Protocol (OGN), Fear NFTs (FEAR), and IoTeX (IOTX). In this analysis, we will cover these three coins from a technical analysis perspective to help provide some of their most important support and resistance levels.