There is a lively and intense demand for crypto money markets from Far East Asian markets. There is a serious interest in the following 3 cryptocurrencies from Asian markets. Please check the content of our news for the current price analysis of these cryptocurrencies.
Asian markets love these cryptocurrencies!
Published in Forbes The article focuses on which cryptocurrencies the Far East Asian markets show the most interest in.. Forbes penned his conversations with the CEOs of cryptocurrency exchanges traded in Asian markets, and interesting results emerged.. Our readers can access the Forbes article from the news link below.
Please See: Which cryptocurrencies are bought the most in Japan, South Korea and China?
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Asian markets are interested in three cryptocurrencies: Filecoin (Fil), Solana (SOL) and Stellar Lumens (XLM).
Filecoin (FIL)
Filecoin is trading above $160 at the time of writing. With a market cap of $11.3 trillion, it is trading at #17 on CoinMarketCap.
Filecoin prices are trading in the upper half of the Bollinger Bands (BB) and are about to breach BB’s upper corridor.. RSI values are far from the overbought zone and the trend increase may continue for a while.. AO indicator supports bullish view. In the chart below, we see the change in FIL prices.
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There has been a magnificent past few days. Solana, which debuted, is trading at over $48 at hour of writing. Its total market cap is $13.1 billion, and it ranks 15th.
We see that Solana prices continue to be more stable than XLM.. RSI and CMF charts provide healthy data supporting the continuation of the uptrend.
Please See: Aave, Matic and Binance price prediction and technical analysis
Stellar Lumens (XLM)
Trading around 56 cents, XLM is trading in 16th place after Solana with a market value of $12.9 billion.
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We see that the range of XLM Bollinger Bands is increasing. Widening BB range signals high volatility. XLM RSI values entered the overbought territory with the last value increase. MACD values indicate that the rising trend may continue.
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