Just as Bitcoin [BTC] came close to hitting $53K, all the other assets mirrored a similar trend. Litecoin [LTC], as well as Binance coin [BNB], were seen moving past $200 after quite a while. As Litecoin was trying to get close to its previous all-time high of $375, Binance coin was seen driving towards $300.
While all other assets were seen aiding the growth of the overall crypto market cap, Litecoin was seen trying hard to climb up the crypto ladder. The digital silver, LTC was seen occupying the eighth place with a market cap of $15.41 billion. At press time, LTC was trading at $232.43 with a dainty price change in the last 24-hours. Over the last seven days, LTC had garnered up to 25% gains helping the asset reach a high of $238.
LTC/USD One-Day Price Chart On Binance
The one-day price chart of Litecoin exerted a bullish notion. The Parabolic SAR indicator with dotted lines below the candlesticks affirmed that the bulls were in the market. The MACD line had preceded above the signal line during the start of this month and this trend seemed to have prolonged. The Relative Strength Index indicator had been exhibiting a buyers’ sentiment throughout the month. At press time, LTC was seen up in the overbought zone.
BNB/USD One-Day Price Chart On Binance
Binance coin [BNB] had recorded an exceptional surge in the last couple of days. While the coin’s market cap hit $40 billion and took over as the third-largest cryptocurrency. At press time, BNB was surging by over 43% pushing the price of the asset to a high of $263.43.
BNB was seen steering towards $300 and the bulls were seen supporting the altcoin. The Awesome Oscillator was seen laying out green closing bars suggesting the presence of bulls in the market. The Bollinger Bands indicator had diverging bands which suggested fluctuations in the altcoin’s price. The Money Flow Index indicator announced that BNB was being overbought.
Both LTC, as well as BNB, was seen over $200. While both these assets were aiming at $300, the question lies in which coin could hit the number first.