• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About us
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / Opinion / Market Analysis / Ethereum, Binance Coin, Chainlink Technical Analysis On 13th October 2020
osborne 1802181 1920 scaled

Ethereum, Binance Coin, Chainlink Technical Analysis On 13th October 2020

October 13, 2020 by Sahana Kiran

It seemed like the market cap of the entire crypto-verse was on its way to soon hit $400 billion. At the time of writing the market cap was at $363.15 billion with a 0.67% daily increase. While the crypto community speculated that Bitcoin would breach $12k anytime now, the king coin continued trading for $11,454.57 during press time.

Ethereum [ETH]

With the ongoing bull run, the entire crypto market was seen witnessing a surge and ETH followed suit. Over the last seven days, the altcoin rose by 8.4% pushing its price close to $400. At press time, the second-largest cryptocurrency was trading at $382.08 with a 2.08% daily increase. The market cap of Ethereum was recorded at $43.17.

download 31

ETH was undoubtedly on its way to hit $400 as the indicators used in the one-day price chart of the altcoin hinted the presence of bulls. The Parabolic SAR indicator formulated dotted lines below the candlesticks in the ETH market hindering the chances of a downward breakout. The bullish sentiment was reaffirmed by the Relative Strength Index [RSI] as the marker was way above 50 median.

Binance Coin [BNB]

The world’s largest cryptocurrency’s native coin, BNB was an unstoppable uptrend. The coin was trading at $30.85 during the time of writing while the daily price change was a positive 2.27%. The coin prolonged its stay as the sixth-largest cryptocurrency as its market cap was at $4.46 billion. Over the last seven days, the coin incurred gains up to 6.62%.

download 32

The bulls had indeed taken over the crypto market. Binance’s native currency, BNB was headed to recording new highs as the Awesome Oscillator screamed bulls by forming green closing bars on its one day chart. The Chaikin Money Flow indicator highlighted a bullish takeover as the CMF marker was above zero and did not intend on depleting anytime soon.

Chainlink [LINK]

Living up to its label as the most promising coin of 2020, LINK was seen back on its feet after a brief setback. The seventh-largest coin was trading at $11.32 during the time of writing. LINK was one of the most profitable coins as it garnered gains up to 20.61% over the past seven days.

download 33

LINK was going to prolong its journey to break its previous all-time high as the bulls were settling down in the LINK market. The MACD line took over the signal line and formed a bullish crossover. The Klinger Oscillator also welcomed the bulls into the market with a bullish crossover.

Filed Under: Market Analysis, News Tagged With: Binance Coin (BNB), Chainlink (LINK), Ethereum (ETH)

Primary Sidebar

Recent Posts

  • Origin Protocol Has Kick-Started Compensation Process Of Its $7M Attack January 22, 2021
  • Chainlink [LINK] Bulls Are Rigorously Buying Dips January 22, 2021
  • US President Freezes FinCEN’s Contentious Crypto Wallet Rule January 22, 2021
  • Here’s Why Ethereum Looks Grim In Short-term January 21, 2021
  • Polkadot [DOT] To Move Earthward With Others Assets January 21, 2021


Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2021 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.