ROSE is up by more than 20% in the last 24 hours

Aug 8, 2022
ROSE is up by more than 20% in the last 24 hours

[ad_1]

The cryptocurrency market is having a optimistic begin to the week, with most cash and tokens now within the inexperienced zone.

The cryptocurrency market has picked up from the place it left off final week. The market has added practically 3% to its worth within the final 24 hours, with the entire market cap now closing in on the $1.2 trillion mark.

Bitcoin cemented its place above the $23k degree over the weekend and is now seeking to bridge the $24k resistance degree as soon as once more after including greater than 3% to its worth right this moment.

Ether can be eyeing the $1,800 resistance degree and is up by 3% within the final 24 hours. Nonetheless, ROSE, the native token of the Oasis Protocol, is one of the best performer amongst the highest 100 cryptocurrencies by market cap right this moment.

ROSE has added 24% to its worth within the final 24 hours and will rally increased over the approaching hours and days.

ROSE has been performing excellently because the Oasis Protocol introduced its partnership with Fb’s mother or father firm Meta final week. The cryptocurrency may surge increased because the broader market continues to carry out properly.

Key ranges to look at

The ROSE/USD 4-hour chart is bullish as Oasis Protocol has been performing properly over the weekend. The technical indicators present that ROSE is one of the best performer amongst the highest 100 cryptocurrencies by market cap right this moment.

1659944227779 8c67dac9 0191 4b29 b945 8e9e0ac277cd

The MACD line is deep inside the optimistic territory, indicating bullish momentum for ROSE. The 14-day RSI of 68 exhibits that ROSE may enter the overbought area if it will probably preserve its present momentum.

At press time, ROSE is buying and selling at $0.1032 per coin. If the bulls stay in management, ROSE may surge previous the $0.112 resistance degree for the primary time since Might 2022. 

Nonetheless, the resistance degree above $0.135 ought to cap additional upward motion within the brief time period. 

[ad_2]