Ravencoin, the 50th largest cryptocurrency, registered a market cap of $93 million and noted a 2.75% surge in the last 24 hours. With the price above the EMA ribbon, things are looking up for the coin. Especially until $0.020, where the price will hit a roadblock set up by the 50-day moving average [yellow]. The chances of price moving sideways are a lot here.
Chainlink has been gaining popularity. With the price of Link at $2.38 and a market cap of 827 million, the token ranks as the 17th largest cryptocurrency in the world, right below Huobi Token.
With a 3.2% surge in the last 24 hours, Link shows promise with the formation of an ascending triangle, hinting a bullish breakout. Further, MACD indicator has already started a bullish crossover, supporting the narrative.
XRP, the 3rd largest cryptocurrency has been on a rise since the dip, however, RSI is also surging with a slightly lesser slope. 1 XRP, at press time, was worth $0.1877 with resistance at $0.02003 and $0.02163. As RSI pushes into the overbought zone, the price has a possibility to either push higher into this zone or drop lower. Depending on buyer sentiment, RSI will follow the price action.