Today alone, the crypto market cap is down 1.5%, and the trading volume went down by almost 8%. While it’s tempting to predict that it’s possible, performance across the board shows otherwise. The only question that needs to be answered is if Monero can keep its upward trend for the foreseeable weeks. However, all moving averages indicate buying signals as they are within the regions of $146 to $152. Currently, the RSI (14) indicates a 76 which tends towards overbought. Where is the price of XMR going? While it’s difficult to effectively predict the outcome of the upward trend, Monero’s technical indicator signals a range of data. That’s nearly $28 above its price point about 8 days ago. Still on its growth path, SMR continues to gain additional value as its price has climbed by 2% in the last 24 hours bringing its price to $165. That’s nearly a 10% gain in 3 days, however, the growth continued until the end of last week with XMR printing as much as 20% in the last 7 days. Monero started its bullish front a few days ago when it moved from $137 to $152 in just three days. ![]() Investors should keep an eye on them for the short and long run. Some of these assets are printing high gains in trading volume and price. What are the best cryptos to buy now ? Highlighted below are some of the best assets we’ve found. The bulk of the drain comes from the pressure mounted by the bears. ![]() Global Crypto Market Cap Chart Best Crypto to Buy NowĪs the crypto market continues to oscillate wildly between highs and lows, many assets that gained some value in the past week are beginning to yield their gains. Bitcoin dominance may be plummeting as it is now back to 49.88%. DeFi continues on its path and makes up 9% of daily trading volume, although that’s 1% below its value yesterday. Training volume has plunged by nearly 6%, also with a value of $32.53 billion. The crypto market cap is down by 1.5% with a value of $1.18T. The global crypto market is not printing impressive figures as many of its metrics are on the downward path. Nonetheless However, some new assets are picking up steam and may ascend to the top of the chart in the coming months. ![]() Bitcoin for example is yet to decide its direction even after it gained over 16% value in 7 days. Since our last update of the best crypto to buy now, many of the best-performing crypto assets have undergone a value drain. Join Our Telegram channel to stay up to date on breaking news coverage
0 Comments
Leave a Reply. |