The likes of ABBC Coin, Zcash and Dentacoin are making the difference in the crypto market with vast gains as leading crypto Bitcoin and some others are catching a breath today after displaying a parabolic uptrend since the beginning of the week.
Bitcoin remains held around $ 9,300 at press time, affecting the growth of the entire ecosystem market cap even though some altcoins are trying to push it up. The Coronavirus in China may be the reason behind the stall.
ABBC Coin, Zcash and Dentacoin are amongst the top gainers in the market today, giving investors hope that a parabolic bullish run is still possible this year.
ABBC Coin Intraday Price Analysis
ABBC Coin, the cryptocurrency of the foundation that claims to offer blockchain solutions in the MENA region, is priced $0.113929 at press time.
While most cryptocurrencies have been unstable on the upside trend with little certainty for growth, ABBC coin has been steadfast on the rising wedge since yesterday. In the last 24 hours, ABBC coin has added 21.51% to its value.
ABBC coin resumed fully on the upside trend towards the end of the North American trading session yesterday, and since then, the cryptocurrency has managed to maintain balance.
If ABBC coin continues with the present trend, there is a high possibility the cryptocurrency would break even above the $0.16 region in the next few days.
Zcash (ZEC) Intraday Price Analysis
Zcash has been tremendous today like a few numbers of its contemporaries. The decentralized and open-source privacy-focused cryptocurrency based on Zerocoin protocol remains firm on the upside trend despite the break Bitcoin and some other cryptos are witnessing now.
Against BTC, Zcash (ZEC) has added 11.11% to its value. ZEC is valued $66.09 at press time haven seen a growth of 11.97% against the US Dollar in the last 24 hours. ZEC broke the upper bollinger price band of $65 towards the end of the Asian trading session today, with the zeal to break more resistances.
Zcash (ZEC) continues to rally upward, but the possibility of the coin breaking another psychological resistance would be determined by Bitcoin’s trend in the market.
Dentacoin (DCN) Intraday Price Analysis
Not less than 15% has been added to the value of the digital asset of the blockchain solution for the global dental industry, Dentacoin (DCN), against the US Dollar at press time.
The impressive display made by the cryptocurrency lately can be linked with the success of the cryptocurrency in the dental industry. Recently, Dentacoin announced that a Greece-based dental firm adopted its cryptocurrency as a payment option.
Cosmetic Dental Center adopted Dentacoin as the second brand partnering the cryptocurrency in Greece for the usage of DCN for payment.