ANKR is the best-performing cryptocurrency amongst the highest 100 because the broader crypto market continues its restoration.
ANKR, the native coin of the Ankr ecosystem, is up by greater than 12% within the final 24 hours. The rally makes ANKR the best-performing cryptocurrency amongst the highest 100 cash by market cap.
The rally comes because the broader crypto market continues its restoration following a poor begin to the week. The market has added greater than 1% to its worth during the last 24 hours, with the full market cap nonetheless above $1 trillion.
Bitcoin may surge previous the $22k mark after including greater than 1% to its worth thus far at this time. Ether, the second-largest cryptocurrency by market cap, is buying and selling above $1,700 as soon as once more after including greater than 2% to its worth within the final 24 hours.
There isn’t a obvious catalyst behind ANKR’s ongoing rally. The Ankr crew launched its staking service earlier this month, and the transfer has positively affected the cryptocurrency. ANKR is now one of many high 100 cryptocurrencies when it comes to market cap.
Key ranges to look at
The ANKR/USD 4-hour chart is popping bullish as Ankr has been performing properly during the last 24 hours.
The MACD line is ready to enter into the optimistic zone due to the continuing rally. Thus, indicating that the bulls are presently in management.
The 14-day RSI of 61 reveals that ANKR may enter the overbought area of the market if it will probably preserve its ongoing momentum.
At press time, ANKR is buying and selling at $0.0409 per coin. If the rally continues, ANKR may surge previous the primary main resistance degree at $0.050809 earlier than the tip of the day.
Except there’s an prolonged bullish momentum, ANKR may discover it exhausting to high this month’s excessive of $0.059 within the close to time period.