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Ethereum [ETH] Targets $3K; Strong Bullish Sentiment Detected

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The altcoin market continued to boom as cryptocurrencies like Ethereum [ETH], XRP and Binance Coin [BNB] recorded new highs. Bitcoin [BTC] was no less as it sprung up to a high of $64K. However, it retraced back to $62,721, during press time. The market cap of the asset was on a roll as it surged to $1.18 trillion. The over all market cap also rose to $2.22 trillion. While some assets were seen riding the bull, a few others were dwelling in the bearish arena.

Earlier today, ETH went on to record an all-time high of $2,489. however, at the time of writing the altcoin was noted at $2,445 as the altcoin underwent correction. Furthermore the asset was recording a rise of 4.61% in its price over the last 24-hours. Just as Bitcoin’s dominance subsided, Ethereum’s supremacy over the market rose to 12.7%.

Additionally, the market cap of the cryptocurrency was recorded at $283.51 billion which helped the coin retain itself as the second largest cryptocurrency.

Ethereum [ETH] One-Day Price Chart On Coinbase

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The one-day price chart of ETH delivered positive signs. All the indicators used in its chart was seen showcasing the presence of the bulls. The Parabolic SAR indicator revealed that ETH was all set to hit a new all-time high soon. A series of dots were placed below the candlesticks acting as a support against a downtrend. The MACD line retained itself over the signal line and was in a bullish crossover. The Awesome Oscillator indicator laid out green closing bars further announcing the presence of the bulls.

Ethereum [ETH] Records Buyers’ Sentiment

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The one-day price chart of ETH not only revealed that it was hoarding the bulls, but it also pointed out that it was a buyers’ market. The Relative Strength Index indicator was noted at 72 median, further affirming that the altcoin was being overbought. The Money Flow Index indicator followed suit and exhibited a similar trend.

Tron [TRX] To Retain Bulls In Its Market As The Coin Eyes $0.2

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All the assets in the crypto-verse were noted riding the bull. Tron [TRX], XRP, Cardano [ADA], and several others were bagging double-digit gains in the last 24-hours. While the overall market cap of the crypto industry stood at a high of $2.16 trillion, Bitcoin continued to rise against all odds. The king coin was making its way onto $65K. Binance Coin [BNB] on the other hand was aiming for $1K as its price rose from a low of $65 to $577, during the time of writing.

Tron [TRX] made news after its price as well as market cap recorded significant growth. The market cap of the altcoin grew to $10.40 billion, pushing the rank of the asset to 16. During press time, TRX was trading for $0.150 as it witnessed a 15% surge over the last 24-hours. The last couple of days seemed quite beneficial for the altcoin as it bagged 13% gains.

Tron [TRX] Four-Hour Price Chart On Binance

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The short-term price chart of TRX was seen inclining towards the bulls. All the indicators used on the four-hour price chart of the cryptocurrency were positive of a potential surge. The Awesome Oscillator indicator with green closing bars announced the presence of bulls in the TRX market. Furthermore, the Chaikin Money Flow [CMF] indicator was noted residing in the bullish arena.

The Money Flow Index indicator was headed towards the overbought zone. However, the indicator affirmed that strong buyers’ sentiment had taken over the market.

Tron [TRX] One-Day Price Chart On Binance

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The one-day price chart of TRX mirrored a similar sentiment as noted in the short-term chart of the coin. The Parabolic SAR indicator declared a bull market as it laid out dotted lines below the candlesticks. This further depleted the chances of a downward breakout. The MACD indicator formed a bullish crossover back in March and seemed to have retained it.

Additionally, the Relative Strength Index indicator announced that TRX was being overbought as the marker was close to hitting the 80 median.

XRP Aims For The Moon As Bulls Start Hibernating In Its Market

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XRP’s fate seemed to be changing as the asset was leaving behind its bad days. While Ripple along with Brad Garlinghouse and Chris Larsen have been trying their best to fend off the allegations put forth by the Securities and Exchange Commission of the United States, the bulls were seen helping XRP in making progress with regard to its price change.

The altcoin was on a roll as it secured over 22% gains over the last 24-hours further pushing the price of XRP to a high of $1.73. However, at the time of writing, the asset was back at $1.69. Over the last seven days, altcoin made profits of over 70%. This number further pushed the altcoin to the top. During the course of the lawsuit, XRP had plummeted down in terms of ranking and market cap. However, the cryptocurrency made its way back into the top five as its market cap stood at a high of $76.46 billion.

XRP One-Day Price Chart On Binance

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The long-term price chart of XRP was seen filled with strong bullish sentiment. The Parabolic SAR indicator formed dotted lines that remained below the candlesticks acting as a major line of support. This line further demented the chances of an instantaneous downtrend. The Chaikin Money Flow indicator was seen on a trek to the top of the bullish arena. With strong green closing bars, the Awesome Oscillator indicator made it clear that the bulls were in the altcoin’s market.

With all the aforementioned indicators suggesting a bullish market, the price of the altcoin was most likely to hit $2.

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Those interested in XRP were inclined towards buying the asset as opposed to selling it as the Relative Strength Index as well as the Money Flow Index indicators pointed out that the altcoin being overbought. This strong buyers’ sentiment in the market of the altcoin also seemed to have aided the surge in its price.

Bitcoin’s [BTC] Strong Buyers’ Sentiment Could Drive Its Price To $62K

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The crypto-verse was getting back on track. Bitcoin [BTC] was aiming for a new all-time high as all the assets followed. Ethereum [ETH], Binance coin [BNB], XRP were all noted recording new highs. The overall market cap of the crypto industry was seen at $2.06 trillion with a 3.57% daily rise.

Bitcoin, during the time of writing, BTC was trading for $60, 819.12 with a 4.69% surge in the last 24-hours. Despite this noteworthy rise, the dominance of the king coin had slumped down to 55%. The market cap of the asset was at par with the increasing price of the coin. At press time, the market cap of BTC was at $1.14 trillion.

While the asset went up to a high of $61,683, last month, the chances of the king coin hitting $62K were quite steep.

Bitcoin [BTC] Four-Hour Price Chart On Binance

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The bulls were seen trying hard to push BTC to $62K as they were camping in the short-term price chart of the asset. The Parabolic SAR indicator had laid down dotted lines below the candlesticks. These lines further acted as a barricade against the bears and any sudden downfalls. The Chaikin Money Flow indicator was over the zero median in the bullish arena.

The Awesome Oscillator indicator had formed green closing bars indicating the presence of the bulls in the BTC market. All these signs seemed favorable for the asset, despite the HSBC ban on Bitcoin.

Bitcoin [BTC] Four-Hour Price Chart On Binance

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The four-hour price chart of the king coin was seen exerting a buyers’ notion. The Relative Strength Index [RSI] indicator suggested that the asset was close to being overbought. Additionally, the Money Flow Index indicator was also mirroring a similar sentiment.

While the price of Bitcoin was staggered at $59K for quite a while, the asset didn’t take too long to bounce back. Once again, the CEO of Tesla, Elon Musk tweeted about the progress of the king coin.

Tron [TRX] Could Soon Be Making Its Way Onto $0.2

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Volatility had taken over the crypto-verse. While almost all the coins were seen on an uptrend, Tron [TRX] was probably the only asset recording dainty changes in its price. Binance coin [BNB] was undoubtedly headed towards $500 as the altcoin witnessed a 12% surge in the last 24-hours. The price of Bitcoin [BTC] was finally recovering and was trying to make it onto $59K. Despite this, the dominance of the king coin over the market was at a low of 55%. The overall market cap of the crypto industry was once again at $1.99 trillion.

Justin Sun’s cryptocurrency, Tron [TRX] observed significant growth in terms of price as well as market cap. TRX was close to hitting the 30th position on CoinMarketCap’s list, however, over the last couple of days, the altcoin rose in terms of market cap. With a market cap of $8.49 billion, TRX currently stands as the sixteenth largest coin. At the time of writing, TRX was trading for $0.118 with a 0.26% drop in the last 24-hours. This week seemed to be extremely beneficial for the altcoin as it bagged 31% worth of gains.

While the asset still has a long way to its all-time high of $0.30, the entrance of the bulls into its market could fasten the pace.

Tron [TRX] One-Hour Price Chart On Binance

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The Awesome Oscillator indicator used in the short-term price chart of TRX exhibited bullish signs with the formation of red closing bars. However, these bars were rather dainty. The MACD indicator mirrored this sentiment by going in for a bearish crossover. The Relative Strength Index [RSI] was noted in the sellers’ arena as the marker was below 50 median.

Tron [TRX] One-Day Price Chart On Binance

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With dotted lines below the candlesticks, the Parabolic SAR indicator used in the one-day price chart announced the presence of bulls in the TRX market. The Chaikin Money Flow indicator was over the zero median exerting strong bullish momentum. The Money Flow Index [MFI] indicator revealed that TRX was being overbought.

Ethereum [ETH] Harbors The Bears Staggering The Growth Of The Altcoin

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The crypto market was seen recovering from its recent downfall. Ethereum [ETH]. Binance coin [BNB] and several other coins were finding their way back into new highs. While Bitcoin [BTC] continued to remain below $59k, the altcoin market rose. The dominance of the king coin slumped to a low of $56.2%. The overall market cap of the crypto industry also took a hit and had slumped by 6.07%. At press time the global crypto market cap was noted at $1.87 trillion.

Ethereum wasn’t very far off from its all-time high of $2,152.45. At the time of writing, ETH was trading for $2,031.19 with a 2.49% surge in the last 24-hours. The altcoin managed to secure profits of over 8.85% over the last seven days. The market cap of the asset was noted at $227.94 billion as it retained itself as the second-largest cryptocurrency. Additionally, ETH’s market dominance was at 12.1%.

Ethereum [ETH] Four-Hour Price Chart On Coinbase

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The short-term price chart of ETH announced the presence of bulls. The Parabolic SAR indicator laid out dotted lines over the candlesticks, which further indicated that any possible uptrend could be diminished. While this indicator revealed a bearish momentum, the Awesome Oscillator indicator suggested that the bulls were in the ETH market as it formed green closing bars.

While the altcoin had both the bulls and the bears in its market, the Money Flow Index indicator exhibited a sellers’ sentiment in the ETH market.

Ethereum [ETH] One-Day Price Chart On Coinbase

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The one-day price chart of the altcoin was inclining towards the bears. The MACD line remained below the signal line for quite a while now. This bearish crossover seems to have staggered the growth of the altcoin. The Chaikin Money Flow seemed to be struggling to make it past the zero median. While it was in the bullish arena, it could fall below zero at any time. The Relative Strength Index indicator was exerting dainty bullish sentiment as the marker was around the 50 median.

Binance Coin [BNB] Plummets Below $400 As Bears Make An Entrance

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The ongoing trend in the crypto market proves the extreme volatility of the crypto industry. Earlier today, Binance coin [BNB], Ethereum [ETH], XRP and several other coins were seem recording new all-time highs, however, during the time of writing, the entire crypto market was on a downtrend. The global market cap followed suit as it was dropped to $1.87 trillion.

At the time of writing, the Binance coin dipped down $375. A few hours ago, the BNB community was celebrating the altcoin’s surge to an all-time high of $414.36, however, a 5.99% drop in the last 24-hours pushed the coin below $400. Nevertheless, the altcoin managed to record profits of over 25% in the last seven days. The market cap of the asset was noted at $57.9 billion and despite a small blip, the altcoin continued residing as the third-largest cryptocurrency.

Binance Coin [BNB] One-Hour Price Chart

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After witnessing a drastic surge above $400, BNB recorded a massive fall. The altcoin on its short-term price chart was seen harboring the bears. The Parabolic SAR indicator was noted exhibiting a bearish sentiment as the dotted lines were over the candlesticks, further limiting the chances of the altcoin’s chances of upward breakout. The Awesome Oscillator indicator formed red closing bars and announced the presence of the bears.

The Relative Strength Index indicator was down by the sellers’ arena. These signs further suggested that the altcoin would possibly continue its stay below $400 for a while.

Binance Coin [BNB] One-Day Price Chart

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The one-day price chart of BNB, however, had the bulls in its market. The MACD line remained over the signal line forming a bullish crossover. The Chaikin Money Flow indicator was above zero median which was considered bullish. The Money Flow Index indicator pointed out that the altcoin was being overbought.

While this bullish momentum could provide fuel to BNB’s journey back to $400, the bears in its short-term chart could slow this process.

Tron [TRX] Resuscitates Bullish Impulse; Eyes $0.2 Barrier

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Tron [TRX] alongside several prominent altcoins started off the week with a fresh increase pushing the collective market cap to $2 trillion. The renewed momentum catapulted the crypto-asset to the 16th spot on the leaderboard indicating an intense bullish sentiment in the TRX market.

Further validating the astonishing price rise was the gains of 104.4% amassed by the token over a period of seven days.

At the time of writing, Tron [TRX] was being traded at $0.131 with a market cap of $9.57 billion. Over the past 24-hours, however, the crypto-asset noted a decline of more than 3% as it registered a trading volume of $10.80 billion over the same time frame.

Tron [TRX] Daily Price Chart:

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Tron [TRX] underwent a parabolic rise to levels last seen during the 2018 bull run. It has hit a major resistance, upon breaching which could make the crypto-asset target its ATH levels.

The upward-sloping 50 DMA [Pink], as well as the 100 DMA [Blue], continued to support the TRX price candles from damaging declines. Also, the rising volatility further defended the positive structure. Hence, it is important to note that if the bulls manage to hold this level of support, the price could target the token’s peak levels due to the lack of prominent barriers.

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The long green closing bars of Awesome Oscillator depicted a strong bullish momentum in Tron’s price. The MACD also indicated a phase of intense buying demand in the market.

The RSI was still hovering in the overbought region depicting a sentiment of buying pressure among the investors in the TRX market.

According to the above charts, the crypto-asset’s price action continued to remain intact in the bullish territory despite the short-term declines. Hence, if the TRX bulls manage to provide the climb with fresh footing, it could target its nearest resistance of $0.201 and $0.223.

Supports levels, on the other hand, stood untested at $0.1, $0.06 and $0.047 respectively.

XRP Community Rejoices As The Altcoin Finally Makes It Past $1

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The entire SEC vs Ripple case caused a lot of commotion in the crypto industry. This lawsuit even pushed the price of XRP into a new low. Nevertheless, the altcoin revealed that it was finally on the road to recovery.

During the peak of the recent crypto rally, XRP witnessed a steep fall in terms of both prices as well as market cap. However, the asset, during the time of writing was not only trying to bag gains that it lost during the last couple of months, it went on to secure a three-year high of $1.10. XRP was trading for $1.05, at press time with a whopping 45.36% surge in the last 24-hours. Over the last seven days, the asset recorded profits of over 89%. The altcoin even rose in terms of market cap and went on to rank fourth.

XRP One-Hour Price Chart On Binance

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Even though XRP is quite far away from reaching its all-time high of $3, the asset’s journey from a low of $0.19 to $1.10 is impeccable. The altcoin, despite being delisted or banned from several crypto exchanges, still managed to garner profits. The short-term price chart of the altcoin was all good news.

The Awesome Oscillator indicator announced the presence of bulls with the formation of long green closing bars. The Chaikin Money Flow Index [CMF] indicator remained over zero in the bullish arena. The bulls managed to retain their place in the XRP market, even though the MACD indicator underwent a bearish crossover, earlier today. At the time of writing, the MACD line went over the signal line to form a bullish crossover.

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Strong buyers’ sentiment was noted in the short-term price chart of XRP. The Relative Strength Index [RSI] indicator affirmed that the altcoin was being overbought as the RSI marker was at a high of 80 median. The Money Flow Index indicator was seen exhibiting a buyers’ notion.

Binance Coin [BNB] Will Soon Zoom Past $100

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The overall crypto market cap had hit a high of $1.36 trillion and Bitcoin [BTC], Binance Coin [BNB], Polkadot [DOT], Cardano [ADA] along with an array of currencies were seen aiding this journey. Thanks to Elon Musk, the price of Bitcoin almost hit a high of $48K. While the king coin is retraced to $46,534, at press time, all the other assets were seen on an uptrend. Ethereum [ETH], however, was seen failing at its attempts to hit $2K. ADA as well as DOT had flipped XRP in terms of market cap. For the first time in a long time, XRP was seen at the sixth position with a market cap of $20.89 billion.

Binance Coin [BNB] had climbed up the crypto ladder and found a spot as the seventh largest cryptocurrency. The market cap of the altcoin was at $14.55 billion. BNB was trading for a high of $94.77, during press time. Binance’s native asset had surged up to a high of $96.44. While the crypto community laid out speculations of the asset hitting $100, the BNB market seemed to be following the same trail.

Binance Coin [BNB] One-Hour Price Chart

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The short-term price chart of BNB had bulls grazing in its market. The volume in the market was quite high. The Parabolic SAR indicator had formed dotted lines below the candlesticks which demented the chances of the altcoin enduring any immediate crashes. The MACD indicator prolonged the bullish crossover it had undergone yesterday. The disparity between the MACD line and signal line limited the chances of a bearish crossover. The Money Flow Index [MFI] indicator revealed that the asset was in the overbought zone.

Binance Coin [BNB] One-Day Price Chart

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The one-day price chart of BNB suggested that the asset was in for a major change in its price. The Bollinger Bands indicator was wide apart which indicated a potential surge in the volatility. The Chaikin Money Flow indicator was above zero which pointed out a bullish momentum in the BNB market. A buyers’ sentiment was intact, the Relative Strength Index [RSI] affirmed.