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Cryptocurrency Price Analysis: Ethereum, Ripple, Bitcoin Cash, EOS, ICON

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  • Among the top 5 cryptocurrencies, Ripple was the top gainer with 8.61% in the last 24 hour.
  • Ethereum also gained 4.12% in today’s market and showing a tendency to build a bullish rally.
market
Source: tradingview.com

The cryptomarket today saw bullish movement in major cryptocurrencies. Bitcoin gained around 3.56% with a trading price of around $9,442. The market capitalization of bitcoin is around $171,849,779,986. The volume traded is around $13,748,435,592. The bulls successfully pushed the price above the resistance mark of $9320. BTC dominance is 64.5%.

 

Ethereum (ETH) Price Analysis

 

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Source: tradingview.com

Ethereum gained 6.26% and moving within the price bracket of $190-$200. The overall market capitalization is around $21,572,566,666 and the volume traded is around $4,849,567,501. The bulls are supporting ethereum and it is expected to cross the $200 mark. If it breaks this resistance level, it is expected that traders can see new sharp rises.

 

Ripple (XRP) Price Analysis

 

Screenshot (22)
Source: tradingview.com

Ripple has been the top trending cryptocurrency in today’s market. BitMEX announced a new perpetual swap that will be available on the XRP token (XRPUSD). Also, Ripple has entered in a new partnership with Intermex, which aims to ensure faster cross-border payments between U.S. and Mexico. XRP gained around 5.95% with the market capitalization of $21,534,539,798. The volume traded was around $4,865,208,964. The major concern for this cryptocurrency is that whether it will break the $200 resistance mark or not.

 

Bitcoin Cash (BCH) Price Analysis

 

Screenshot (23)
Source: tradingview.com

The bullish movement in the market also favoured bitcoin cash. It gained around 11.79% with the market capitalization of $7,739,701,927. The volume traded was around $4,166,937,415. Currently, it is trading around $427 and is expected to break the resistance level of $435. 

 

EOS (EOS) Price Analysis

 

Screenshot (24)
Source: tradingview.com

EOS also had positive movement in the market with a gain of 9.01%. The overall market capitalization is around $4,242,993,996 and the volume traded is $1,400,826,631. EOS started the day with a price of $4.02 and is currently around $4.45. It will be interesting if EOS breaks out the $5 mark. 

 

ICON  Price Analysis

 

Screenshot (25)
Source: tradingview.com

Among the bulls, ICON was the one who faced the downward shift of around -6.64%. The market capitalization was around $239,652,604, and the volume traded was $147,810,378. It is settling on a new support level of $0.45886.

 

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