With the recent Bitcoin’s market dominance, the impact of its price performance on the rest of the market is often overwhelming. After some minor fluctuations from $11,750 to nearly $12,000, Bitcoin lowered its volatility level and traded around $11,900.
Parallelly, major altcoins continue to be volatile again with some massive gains. yEarn Finance (YFI), OMG, and Waves are seeing major bullish trends.
Yearn Finance – YFI
YFI, the governance token of yEarn.finance, continues to rise. In the past 24 hours, it’s risen by a staggering 53%, from lows of $4,198 to highs of $6,435.
At present, the coin has increased by 37.27% against USD and is trading at $6,149.72 USD. In terms of YFI/BTC and YFI/ETH, the price surged up to 37.22% and 40.24%. The coin is trading at 0.52043110 BTC and 14.49415483 ETH respectively.
Currently, the coin is ranking in 67th position, holding a market cap of $184,237,593 USD with $37,355,211 USD 24-hour volume and 30,000 YFI circulating supply.
Technical Analysis
- The Relative Strength indicator has turned bullish on the one-hour time frame which is below 50 levels.
- The MACD indicator has turned bullish on the one-hour time frame and continues to issue a sell signal.
- The Parabolic SAR markers were below the candles and showcased a Bullish market.
Waves
At present, the coin has increased by 11.90% against USD and is trading at $4.02 USD. In terms of WAVES/BTC, the price surged up to 12.00% trading at 0.00034021 BTC respectively.
Currently, the coin is ranking in 40th position, holding a market cap of$412,887,229 USD with $205,188,036 USD 24 hour volume and 102,752,032 WAVES circulating supply.
Technical Indicators
- Next major resistance at $5.90
- Next major support level at $5.00
- Resistance Strength Index returned form the 30.0 oversold condition
OMG Network – OMG
At present, the coin has increased by 17.35% against USD and is trading at $2.29 USD. In terms of OMG/BTC and OMG/ETH, the price surged up to 17.46% and 20.04% trading at 0.00019353 BTC and 0.00538700 ETH respectively.
Currently, the coin is ranking in 46th position, holding a market cap of$320,600,389 USD with $141,652,755 USD 24-hour volume and 140,245,398 OMG circulating supply.
Technical Indicators
- Next key support at $3.5
- Next key resistance at $4.8
- RSI broke through the 70.0 level upwards. A little retracement to 50.0 is imminent.