During the time of writing, the almost entire crypto market was tinted green as several coins observed dainty gains while a few others were mounting towards new highs. The overall market capitalization stood at $356.41 billion, however, Bitcoin’s dominance was still stuck at 58.9%.
LINK turned several heads in the crypto-verse this year with its radical price growth. Back in August, the coin went on to hit an all-time high of $19.85, however, LINK didn’t seem to follow an upward trajectory. With a market cap of $4 billion, the coin was trading for $10.62, at press time.
It was all good for the LINK market as the Chaikin Money Flow [CMF] indicator highlighted the presence of bulls. The CMF marker lounged above zero further opening the gates for bulls into the market. The Relative Strength Index pointed out a sense of neutrality in the LINK market as the RSI marker was exactly at 50 median, at the time of writing.
Cardano [ADA] was one of the top-performing cryptocurrencies as its price was rising by 2.93%. With a market cap of $3 billion, ADA was trading for $0.106598 during the time of writing. The altcoin recently climbed up the crypto ladder and took its place as the ninth-largest coin.
While the Parabolic SAR indicator was screaming bulls, the Awesome Oscillator was howling bears. In the one-day price chart of ADA, the Parabolic SAR indicator formed dotted lines below the candlesticks eliminating the possibility of a downward breakout. With the formation of red closing bars, the Awesome Osicalltor welcomed the bears into the ADA market.
In sync with a few coins in the crypto-verse, XMR recorded significant gains in its price throughout the last week. However, the coin’s price seemed to be on dropping during press time. With a market cap of $2 billion, the privacy coin was trading at $120.16, and at press time, XMR was seen plunging by 0.65%.
Confusion struck the XMR market as well since the MACD indicator was seen hoarding the bulls while Klinger Oscillator was recorded welcoming the bears. Reposing above the signal line, the MACD line formed a bullish crossover. However, the Klinger Oscillator further formed a bearish crossover.