The crypto spectrum saw bullish sentiments over the latest hours as massive bidding propelled Bitcoin towards $43K. Binance coin and other cryptos followed BTC’s uptrends, recording impressive upticks. Shiba Inu and Stellar Lumens displayed bullishness, whereas ApeCoin showed market structure overturned to bullish.
Binance Coin (BNB)
The past couple of days has had BNB on a massive bullish outlook. That has the alt overcoming the $401 mark, exploring the supply zone at $410 over the latest hours. Binance Coin met rejection at $409.8 and seemed to head back to the short-term demand area at $400.
Hovering beneath $400 might see BNB revisiting $386 to collect liquidity. Meanwhile, indicators suggested that buying and momentum have been strong lately. The Relative Strength Index stood at 61.5, whereas the on-balance volume maintained uptrends.
Shiba Inu (SHIB)
Experts plotted the FIB retracements area based on Shiba Inu’s move between $0.0000212 and $0.0000255. It showed a 61.8% retracement area around $0.000022 served as demand territory over the past days.
Hours before this publication saw the SuperTrend indicator flipping to buy from sell. Also, the Relative Strength Index swayed beyond the neutral 50 and displayed a momentum shift in bulls’ favoritism. The CVD flipped green in the latest hours, highlighting demand.
Stellar Lumens (XLM)
XLM price created a symmetrical triangle setup since February’s final week, registering an upside breakout during mid-March sessions. That had the alt converting the local resistance at $0.1915 and $0.2015 horizontal area to support.
The Awesome Oscillator indicated massive bullish strength, while the DMA highlighted a stable upward move. Moreover, the Chaikin Money Flow displayed substantial capital flow towards the market.
ApeCoin (APE)
APE has registered a downward trend in the short time the par has traded on Binance. Nevertheless, the alt appeared ready to change that narrative. On the downside, APE broke the recent $11 lower high in the latest hours, and the price printed a higher low since the lows of $9.5.
The Relative Strength Index also rose beyond neutral 50, suggesting bullish preference. The on-balance volume is yet to record a higher peak, but it doesn’t exhibit higher lows, indicating surged demand over the past few days.
