The cryptocurrency market is having a constructive 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 almost 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 degree over the weekend and is now trying to bridge the $24k resistance degree as soon as once more after including greater than 3% to its worth at this time.
Ether can be eyeing the $1,800 resistance degree and is up by 3% within the final 24 hours. Nonetheless, ROSE, the native token of the Oasis Protocol, is one of the best performer amongst the highest 100 cryptocurrencies by market cap at this time.
ROSE has added 24% to its worth within the final 24 hours and will rally greater over the approaching hours and days.
ROSE has been performing excellently because the Oasis Protocol introduced its partnership with Fb’s guardian firm Meta final week. The cryptocurrency might surge greater because the broader market continues to carry out properly.
Key ranges to observe
The ROSE/USD 4-hour chart is bullish as Oasis Protocol has been performing properly over the weekend. The technical indicators present that ROSE is one of the best performer amongst the highest 100 cryptocurrencies by market cap at this time.
The MACD line is deep throughout the constructive territory, indicating bullish momentum for ROSE. The 14-day RSI of 68 reveals that ROSE might enter the overbought area if it will possibly keep 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 degree for the primary time since Could 2022.
Nonetheless, the resistance degree above $0.135 ought to cap additional upward motion within the quick time period.