Tron – Litecoin [LTC] And Binance Coin [BNB] Tussle To Hit $300 First | Fintech Zoom

The one-day price chart of Litecoin exerted a bullish notion. The Parabolic SAR indicator with dotted lines below the candlesticks affirmed that the bulls were in the market. The MACD line had preceded above the signal line during the start of this month and this trend seemed to have prolonged. The Relative Strength Index indicator had been exhibiting a buyers’ sentiment throughout the month. At press time, LTC was seen up in the overbought zone.

BNB/USD One-Day price Chart On Binance

Binance coin [BNB] had recorded an exceptional surge in the last couple of days. While the coin’s market cap hit $40 billion and took over as the third-largest cryptocurrency. At press time, BNB was surging by over 43% pushing the price of the asset to a high of $263.43.

BNB was seen steering towards $300 and the bulls were seen supporting the altcoin. The Awesome Oscillator was seen laying out green closing bars suggesting the presence of bulls in the market. The Bollinger Bands indicator had diverging bands which suggested fluctuations in the altcoin’s price. The Money Flow Index indicator announced that BNB was being overbought.

Both LTC, as well as BNB, was seen over $200. While both these assets were aiming at $300, the question lies in which coin could hit the number first.