Top Market Gainers Of Sept. 12th: YFI 14%, UMA 12%, BNB 11.6%

Ethereum and Bitcoin are still struggling to make any significant progress. In the meanwhile, other altcoins are making a bit of a wave in the space.  Etherereum (ETH) which retains the recognition of the top smart contract cryptocurrency has successfully broken the price opposition at $350. As of now, ETH is changing hands at $370 while further upside seems to be very much likely.

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Today, Defi coins excelled gallantly. As our top gainers’ list features newcomers like YFI and UMA, we also noticed great traction coming from relatively more controversial cryptos like BNB.

#1. Yearn.finance (YFI tokens 14% Gain):

YFI had a neat market grasp within the last 24 hours.

In the 24-hour timeframe, the coin attained around 14% to maintain a week-long market gain which accumulated to around 35.8%.

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At the time of writing this piece, YFI Price is trading at $38,000 while pacing ahead of the $40,000 mark. This is about a 100% change in the biweekly time frame.

The coin survived the $32000 resistance level and went past the next resistance at $35,000. Before midday, YFI tested the price level at $39,000 but failed to break the level properly. It later fell below to build key support at $38,000

Within the last 30 days, YFI accrued around 555% to report a substantial profit amid the top gainer’s cryptocurrencies of the ongoing bull season.

  • Next level of major resistance at $40,000
  • Next level of major support at $35,000
  • RSI has leveled out at the 90.0 level and seems to need a slight retracement.

Also Read : Yearn Finance to Break Into a Bull Rally! YFI Price May Hit $100k

#2. UMA (UMA 12% Gain):

UMA survived to rise up the charts and ranks over the past many weeks. Now conveniently riding above the $17.5 price level, the crypto is now rated 22nd by market capitalization according to Coingecko.

UMA maintains about 85% market optimism as its market cap senses $1.2 billion. In the meanwhile, the coin increased almost 12% in 24 hours as its exchange volume strides towards $25 million approximately.

Technical Points

  • Price breaks key resistance at $17.0
  • The next key resistance lies at $20
  • Next level of support seems minor at $17.5

#3. Binance Coin (BNB 11.69% Gain):

coming third on this list, BNB joins the calibre of top gainers with roughly 12% gain within the last 24 hours.

BNB has a quite impressive market sentiment. Many market observers believe in the short term possibility of a bullish run. With around 89% market optimism, BNB radiates confidence and long term potential.

Technical Points

  • A major support is building at the $25.0 level
  • Next level of key resistance lies at $30.0
  • RSI swings into a horizontal pattern at the 50.0 level.

As of present, BNB is changing hands at $27.65 amid a market cap of around $4 billion.

Also read : Crash or Rise – Binance Coin Price Prediction 2020

The post Top Market Gainers Of Sept. 12th: YFI 14%, UMA 12%, BNB 11.6% appeared first on Cryptocurrency information | Cryptocurrency News | Bitcoin News and Crypto Guide.

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