After recording a slump over the past few days, the global market cap of the crypto-verse seemed to be increasing. At the time of writing, the overall market cap was surging by 1.73% pushing its final number to $337.28 billion. While Bitcoin continued to reside in the $10K zone, the dominance of the king coin was stuck at 57.8%.
Chainlink has been touted as one of the best-performing assets this year. Despite its recent setback, the altcoin was seen striving to push past $10. After plummeting by over 13.81% over the last week, the coin was surging by 2.55% over the past 24-hours. During press time, LINK was trading at $9.28.
The bulls were seen aiding LINK’s attempts to go beyond $10. Forming dotted lines below the candlesticks, the Parabolic SAR indicator affirmed a bullish sentiment in the LINK market. The dotted lines acted as a barrier against the possibility of a downtrend. The MACD indicator underwent a bullish crossover and lengthened the same.
Monero was under the crypto spotlight following its significant price change. The privacy coin was seen surging by 6.48% over the last 24-hours and pushed its price past $100 to $102.33 during the time of writing. The market cap of the sixteenth largest coin was noted at $1.81 billion.
The XMR market was seen tussling between the bears and bulls. The Awesome Oscillator highlighted the presence of bears in the XMR market by forming red closing bars. However, the Chaikin Money Flow [CMF] indicator was inclined towards the bulls as it was way above zero.
Binance Coin [BNB]
While several coins stumbled down the crypto ladder, Binance Coin [BNB] managed to retain its position as the sixth-largest crypto asset with a market cap of $3.99 billion. At the time of writing, BNB was trading at $27.69 with a 4.56% daily increase. The coin one of the top performers of the week as it garnered a total of 9.27% rise over the last seven days.
The Binance Coin could witness a setback after its uptrend as the Klinger Oscillator underwent a bearish crossover. The Relative Strength Index [RSI] was exhibiting a sense of neutrality in the BNB market. The RSI marker was seen close to 50 median which wasn’t on either the oversold or the overbought zone.