The cryptocurrency market seemed to be taking the slogan “Go Green” a little too sincerely as almost the entire market was seen painted in green. The last seven days have been quite eventful for several cryptocurrencies as the prominent and the lesser-known ones were raging by huge numbers. The overall market cap on the hand had witnessed a dainty drop of 0.15%. At press time, the global crypto market cap stood at $344.62 billion while BTC dominance was noted at 57.6%.
Last year, the privacy coin, XMR was subject to immense scrutiny by several cryptocurrency exchanges. Despite this setback, the altcoin continued to reign the crypto market with its price. Trading at $99.28, during the time of writing, Monero was seen rising by 9.19% over the last seven days. While its daily price increase was at 2.74%, the market cap of the coin stood at $1.76 billion.
Notwithstanding its promising performance over the past few days, XMR was seen heading towards the bears. Earlier today, the MACD indicator underwent a bearish crossover. With the MACD line reposing below the signal line, there were no signs of a bullish crossover anytime soon. The Klinger Oscillator also underwent a bearish crossover further affirming the presence of bears in the XMR market.
Bitcoin SV [BSV]
The ongoing case against BSV founder, Craig Wright doesn’t seem to have meddled with the price of the coin. During the time of writing, BSV was trading for $174.92 and had recorded a 14.71% surge since the last seven days. The coin continued to remain in the top ten as its market cap lounged at $3.24 billion.
The bears and the bulls put up a fight in the BSV market. The Chaikin Money Flow [CMF] indicator was seen inclined towards the bears as the CMF marker was below zero. However, the Awesome Oscillator indicator was telling another story as it highlighted the strong presence of bulls by forming closing green bars.
Binance Coin [BNB]
BNB has undoubtedly been a top-performing coin while its price stood at $28.25, the market cap of the coin lounged at $4.08 billion. The daily price change of the sixth largest coin was only 1.55%, however, the coin garnered a 20.11% increase over the last seven days.
It seems like the Malta-based crypto exchange’s native coin was going to prolong its stay in the bullish realm. Forming dotted lines below the candlesticks, the Parabolic SAR indicator was revealing a bullish sensibility. The formation of these lines affirmed the elimination of chances for a downward breakout. Relative Strength Index [RSI] followed suit as it assured a buyers’ sentiment in the BNB market.