Coin Edition -
- Bitcoin dominance has not necessarily been affected by some altcoins’ price rise.
- XMR needs the RSI to increase if it is to jump to $155 or surpass it.
- RNDR has the tendency to reclaim $1.85 provided bears stay out of the way.
For a number of days, Bitcoin (BTC) has hovered around the $27,000 region while other cryptocurrencies continue to experience tiny corrections. While the stagnancy may have been less exciting for investors, BTC’s ability to hold above $27,000 signifies its strength and continuous dominance in the market.
However, not all altcoins have suffered a decline. According to on-chain analytic platform Santiment, tokens like Monero (XMR) and Render (RNDR) made light gains in the last seven days.