Home
News
- The cryptomarket is witnessing a miraculous recovery after losing nearly $26 billion in yesterday’s market.
- Bitcoin has successfully climbed above the safe level of $8K and Ethereum managed to sustain above the major support level of $200.
- The market capitalization is 230,108,797,468 with volume traded of $144,906,893,867. The overall dominance of BTC remains at 64%.
Tezos(XTZ) Price Analysis
Tezos started with a support level of $2.50 after the disastrous downfall in yesterday’s market. The bullish market helped the altcoin to start today’s market with positive movement. Tezos touched the price level of $2.74 before the bears came in to play again.
Currently, it is having an overall gain of 7.84% with the current price of $2.57. The market capitalization is $1,806,159,537 and volume traded of $193,218,042. The circulating supply is 703,248,066 XTZ. Tezos can gain significant price growth in the market only if it breaks the crucial level of $3.00 again.
ICON(ICX) Price Analysis
ICON is currently avoiding any major downfall with the help of the major support level of $0.30. From the starting of today’s market, ICX gained positive momentum and managed to climb to the price level of $0.33. However, later on, it again faced price correction activity which forced the altcoin to again come back to the support level.
The current price is $0.308827 with market capitalization of $162,798,225 and volume traded of $25,525,556. The circulating supply is 527,149,939 ICX for the altcoin in the market. ICX must surpass the price level of $0.35 for building significant bullish momentum in the market.
IOTA(MIOTA) Price Analysis
IOTA is unable to break the crucial level of $0.20 besides having bullish momentum with an overall gain of 4.30% in today’s market. The current price is at the level of $0.19 with the market capitalization of $532,578,442 and volume traded of $12,284,531.
IOTA started with a price level of $0.17 and barely climbed up to the level of $0.19. However, to regain the bullish movement, the altcoin must cross the crucial level of $0.20.
Tron (TRX) Price Analysis
Tron finally had the much needed positive movement in today’s market. The altcoin had a positive movement of 3.39% bringing the current price level to $0.15. TRX holders can now breathe in comfort as the crypto assets will now support strongly by the price level of $0.15.
The market capitalization is $996,759,961 and volume traded of $1,274,753,499. For making a bullish impact in the market, TRX must surpass the crucial price level of $0.20
Ripple (XRP) Price Analysis
A non-stressful day for XRP holders also as the crypto assets has finally managed to avoid any further downfall below the price level of $0.20. In fact, the coin has shown a positive movement of 3.82% in today’s market bringing the current price to the level of $0.21.
The market capitalization is $9,244,698,842 and volume traded of $2,324,379,535. As XRP has avoided downfall below the crucial level of $0.20 and reached a safe level of $0.21, it can aim for the price level of $0.25 if the bullish movement is sustained and market forces don’t show any major downfall
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
