• 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 / News / Ethereum, Cardano, Tezos Technical Analysis On 10th October 2020
Ethereum, Cardano, Tezos Technical Analysis On 10th October 2020

Ethereum, Cardano, Tezos Technical Analysis On 10th October 2020

October 10, 2020 by Sahana Kiran

The global crypto market was on a roll as it was seen surging by 4.92% over the last day. At the time of writing, the market cap of the crypto-verse was at $361.6 billion. The overall sentiment of the crypto market was on the positive side as the entire market was painted green. Bitcoin finally breached $11K and continued dominating the space by 58.4%.

Ethereum [ETH]

Ethereum seemed to be headed towards $400 once again as the altcoin was rising by 7.46% over the last 24-hours. The second-largest coin was trading at $376.12 during the time of writing, while its market cap was recorded at $42.48 billion.

download 28

ETH was on the go as key indicators suggested that the altcoin could soon hit $400. The Chaikin Money Flow [CMF] indicator highlighted the presence of bulls as the CMF marker was way above zero. Awesome Oscillator synced with CMF as it formed green closing bars reassuring the occupancy of bulls in the ETH market.

Cardano [ADA]

After lounging away from the top ten, ADA found its way back as the altcoin took over the ninth position with a market cap of $3.29 billion. At press time, the coin was surging by 10.22% while its price remained at $0.1056. Over the last seven days, the coin had garnered a total of 12.33% gains.

download 29

It was all good in the ADA market as a strong bullish presence was noted. The MACD indicator prolonged a bullish crossover that had taken place yesterday. The MACD line, however, was seen slightly converging towards the signal line. The Klinger Oscillator also formed a bullish crossover.

Tezos [XTZ]

Despite not being able to secure a place in the top ten, XTZ was turning heads with its price change. The altcoin was trading for $2.27 and was increasing by 8.33% over the last 24-hours. The market cap of XTZ was recorded at $1.7 billion.

download 30

The bull run had surely started as the bulls were taking over almost every other market. The bulls had evaded the XTZ market as the Parabolic SAR indicator formed dotted lines below the candlesticks. With this formation the possibility of a downward breakout was obstinate. The Relative Strength Index [RSI] was on its way back from the overbought zone and continued to exhibit strong buyers’ sentiment.

Filed Under: News, Market Analysis Tagged With: Cardano (ADA), Ethereum (ETH), Tezos (XTZ)

Primary Sidebar

Recent Posts

  • Bitcoin Futures Open Interest Skyrockets To $13B; CME Tops Chart January 17, 2021
  • Litecoin’s [LTC] Buying Volumes Intact Despite Dull Price Action January 16, 2021
  • Kraken Becomes Latest Crypto Venue To Halt XRP January 16, 2021
  • Coinbase’s Latest Initiative To Spruce Up Listing Process January 16, 2021
  • Gemini Follows Coinbase’s Trail; Winklevoss Twins Affirm Going Public Is An Option January 15, 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.