The cryptocurrency market is gradually making a return on the upside trend as more than half of the crypto tokens on CoinMarketCap platform are colored with green.
In the last three days, the market cap of all cryptocurrencies in the ecosystem has been upped by over 8.4 billion. The total market cap moved up from $194.294 billion low on December 4 to over $204.778 billion high today, December 7, as most coins return on the upside trend of the market.
After falling from $7,700 high value to $7,200 in the last 7 days, leading cryptocurrency Bitcoin has managed to surpass $7,500 resistance, and most cryptocurrencies are also exhibiting similar positive trend.
Nevertheless, digital currencies like Ravencoin and EDUCare, among other cryptocurrencies, have greatly outshined Bitcoin as they surged massively to bring the crypto market out of the overwhelming bearish forces.
Ravencoin (RVN) Intraday Price analysis
Ravencoin, the 38th largest cryptocurrency by market cap, is among the championing digital currencies that are gradually bringing the crypto ecosystem back to live on the upside trend.
At press time, Ravencoin is the highest gainer in the market among top 40 crypto coins . The free and open-source Proof of Work blockchain project has added over 12% to its value in the last 24 hours.
While trading high on the 24 hours chart, Ravencoin coin managed to surpass $0.029, $0.030 and $0.033 market values.
Haven added 12.65% to its value in the last 24 hours, Ravencoin is priced $0.032759 at press time.
If the present positive trend is maintained for the next 24 hours, Ravencoin will likely drift near $0.04 psychological point. On a negative side, a price fall will bring Ravencoin below $0.03, but an anchor above $0.026 should be maintained.
EDUCare (EKT) intraday Price analysis
Among top 100 cryptocurrencies in the market today, EDUCare cryptocurrency is the highest gainer with over 33% added value against USD at press time.
EDUCare has been maintaining a price band between $0.07 and $0.09 since the last 7 days until the last 24 hours when the crypto coin rallied past $0.1 resistance level and subsequently moved past $0.11 to clinch $0.12.
EDUCare fractal displayed a quite incredible momentum today. A similar rally was last displayed by the altcoin in September when it reached its year-to-date high value of $0.17.
EDUCare is at present priced $0.125601 against the USD have added 33.8% to its value in the last 24 hours.
According to CoinMarketCap, the Ethereum-based cryptocurrency has a Return on Investment of 35.68%, and a market cap of over $125 million which makes it occupy the 43rd position in the cryptocurrency market.