Cryptocurrencies Price Analysis: Bitcoin SV, Tezos, Ethereum, Bitcoin Cash, EOS

Parth Vig
Parth Vig is a Management student, and a keen observer of Cryptocurrency and blockchain technology, his interest in writing brings him to thecoinrepublic.com, He believes that he has many ideas that he pens down and he feels it would be a great asset for any kind of creative writing.
  • After facing a downtrend for the past two days, the crypto market has finally turned positive.
  • The overall market capitalization is of $ 283,816,384,569 and the 24H volume traded of $165,446,938,748. The dominance of bitcoin in the market is about 62.4%.

Bitcoin SV (BSV) Price Analysis

Annotation 2020-02-19 120358

Bitcoin SV has finally gained positive momentum after closing at $257.00 in yesterday’s market. It crossed $300.00 mark and is expected to remain above that after making significant bullish movement in today’s market.

BSV bulls have made an uptrend of 13.72% with the current price of $305.36. The market capitalization is of $5,582,855,855 and the 24H volume traded is of $3,825,248,520. BSV bulls showed a lot of potential throughout the short downfall of two days by staying above $300 level. It will be looking to again build a bullish momentum to reach $360.00 from here.

Tezos (XTZ) Price Analysis

Annotation 2020-02-19 120540

 

Tezos also showed positive movement in today’s market. The altcoin had gained 13.72% and was able to break the $3.00 level. The current price is around $3.24 with the market capitalization of $2,250,247,422 and the 24H volume traded of $200,009,949.

It is expected that XTZ bulls will build momentum from here in order to go past $4.00 mark. However, they will face a small resistance at the level of $3.70. Also, the support level of $3.00 is also acting to provide bulls the momentum needed.

Ethereum (ETH) Price Analysis

Annotation 2020-02-19 120634

The second-largest cryptocurrency in the world finally turned positive and avoided downfall from the major support level of $250.00. The cryptoasset gained around $5.96$ bringing the current price to $262.83.

ETH bulls have a long way to go from here but the first aim is to break a $300 mark. The market capitalization is of $28,846,141,542 and the 24H volume traded is of $24,211,177,652.

Ethereum has showed significant positive momentum this year and is expected to continue the same. The major resistance for a bullish ETH will be around $370 if it breaks the $300 mark. The support level of $250 and $270 is still in play.

Bitcoin Cash (BCH) Price Analysis

Annotation 2020-02-19 120655

Bitcoin also turned positive with the market forces and gaining by 3.09%.  The current price is around $391.30 with the market capitalization of $7,155,119,350 and the 24H volume traded of $1,285,701,865. The recent downtrend forced BCH to go below $400.00 level but BCH bulls are looking strong to cross that mark again.

Bitcoin Cash has also shown significant positive movement in this year and is expected to continue the same momentum. The resistance ahead for BCH bulls is of $410.00 with the support level of $370.00 if any downfall or price correction came into play again.

EOS (EOS) Price Analysis

Annotation 2020-02-19 120730

EOS has been one of the top performing altcoins in this year. It started from the level of $2.30 and broke the major resistance and mark of $5.00. However, after reaching its critical resistance area, it went through a fallback. In today’s market, it gained around 2.48% bringing the current price to $4.31.

The market capitalization is of $4,110,354,309 and the 24H volume traded is of $4,379,318,024. It is expected that EOS will continue its bullish momentum and break $5.00 again. But a small multi-resistance of $4.70 may provide difficulty to do so. The support level of $4.00 is intact.

We Recomaned

Top Rated Trading Platforms

Top Rated Cryptocurrency Exchange

Partners