The cryptocurrency market is having a optimistic begin to the week, with most cash and tokens now within the inexperienced zone.
The cryptocurrency market has picked up from the place it left off final week. The market has added practically 3% to its worth within the final 24 hours, with the overall market cap now closing in on the $1.2 trillion mark.
Bitcoin cemented its place above the $23k stage over the weekend and is now seeking to bridge the $24k resistance stage as soon as once more after including greater than 3% to its worth as we speak.
Ether can also be eyeing the $1,800 resistance stage and is up by 3% within the final 24 hours. Nonetheless, ROSE, the native token of the Oasis Protocol, is the perfect performer amongst the highest 100 cryptocurrencies by market cap as we speak.
ROSE has added 24% to its worth within the final 24 hours and will rally increased over the approaching hours and days.
ROSE has been performing excellently because the Oasis Protocol introduced its partnership with Fb’s mother or father firm Meta final week. The cryptocurrency might surge increased because the broader market continues to carry out nicely.
Key ranges to observe
The ROSE/USD 4-hour chart is bullish as Oasis Protocol has been performing nicely over the weekend. The technical indicators present that ROSE is the perfect performer amongst the highest 100 cryptocurrencies by market cap as we speak.
The MACD line is deep throughout the optimistic territory, indicating bullish momentum for ROSE. The 14-day RSI of 68 exhibits that ROSE might enter the overbought area if it will probably preserve its present momentum.
At press time, ROSE is buying and selling at $0.1032 per coin. If the bulls stay in management, ROSE might surge previous the $0.112 resistance stage for the primary time since Could 2022.
Nonetheless, the resistance stage above $0.135 ought to cap additional upward motion within the quick time period.