The trading volume for Binance Coin, LINK and SOL has increased significantly in the last 24 hours. Oddly enough, despite a warning from the UK FCA to Binance, his native token didn’t react too negatively to it. Finally, Solana recently made headlines when Digital Assets AG announced the operation of tokenized stocks on the Solana blockchain.
Binance coin [BNB]
Amid the FCA’s warning to the Binance crypto exchange, its native token held on to its northward momentum at press time. On the 4-hour trading chart, the altcoin saw some price corrections despite the same 7.1% increase over the past 24 hours. Overall, Binance Coin had a stable week of trading on the charts.
The Relative Strength Index moved towards the overbought zone, a sign that the buyout signal is building. Capital inflows also increased, like that Chaikin money flow.
The Bollinger bands for the asset remained stable, underscoring the likelihood of price stability in the short term.
Binance Coin’s market capitalization has increased by 5.57% in the past 24 hours, with trading volume also increasing by 20%.
Chain link [LINK]
The 4-hour trading chart for LINK showed an uptrend, with the coin closing above its $ 20 resistance level just a day ago. After another price hike, the next level of resistance to look forward to would be $ 26. The attached chart confirmed the bullish outlook for the altcoin.
The MACD The indicator showed a bullish crossover on June 27th and since then the alt has continued to move with bullish momentum. This finding corresponded to that Parabolic SARs dotted markings that can be found under the candle holders.
Finally, that Bollinger bands showed an expanded price range for the alto to move within the bands.
Solana was trading comfortably uphill at the time of going to press, with Alt rising 12.3% in the past 24 hours. Due to the general market weakness of the past few weeks, SOL showed noticeable signs of a price recovery. Additionally, the asset saw an increase in buying pressure, like the one Relative Strength Index.
Since the bulls could potentially take over the market, Parabolic SAR confirmed the same by envisioning an upward trend. Should the price rise further, the crypto could face resistance at $ 41.
Finally, that Bollinger bands highlighted a certain upward movement, with a certain divergence in it indicating more volatility in the next trading sessions.
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