Cryptocurrencies Price Analysis: Tezos, ICON, IOTA, Tron, Ripple

0
114
bank of pakistan cryptocurrency
bank of pakistan cryptocurrency
  • 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 $58K and Ethereum managed to sustain above the major support level of $120.
  • The market capitalization is 153,108,797,468 with volume traded of $153,906,893,867. The overall dominance of BTC remains at 63.8%.
Screenshot (74)
Source: Coin360

 Tezos(XTZ) Price Analysis

trx
Source: Coin360

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 $1.60 before the bears came in to play again.

Currently, it is having an overall gain of 4.02% with the current price of $1.63. The market capitalization is $1,148,159,537 and volume traded of $213,218,042. 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 $2.00 again.

ICON(ICX) Price Analysis

icx
Source: Coin360

ICON is currently avoiding any major downfall with the help of the major support level of $0.20. From the starting of today’s market, ICX gained positive momentum and managed to climb to the price level of $0.15. 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 $0.19 with an overall gain of 6.07% and with a market capitalization of $102,798,225 and volume traded of $11,525,556. The circulating supply is 527,149,939 ICX for the altcoin in the market. ICX must surpass the price level of $0.20 for building significant bullish momentum in the market.

IOTA(MIOTA) Price Analysis

iota
Source: Coin360

IOTA is unable to break the crucial level of $0.15 besides having bullish momentum with an overall gain of 5.15% in today’s market. The current price is at the level of $0.12 with the market capitalization of $389,578,442 and volume traded of $16,284,531.

IOTA started with a price level of $0.11 and barely climbed up to the level of $0.12. However, to regain the bullish movement, the altcoin must cross the crucial level of $0.15.

Tron (TRX) Price Analysis

trx
Source: Coin360

Tron finally had the much needed positive movement in today’s market. The altcoin had a positive movement of 4.57% bringing the current price level to $0.010. TRX holders can now breathe in comfort as the crypto assets will now support strongly by the price level of $0.010.

The market capitalization is $682,759,961 and volume traded of $1,303,753,499. For making a bullish impact in the market, TRX must surpass the crucial price level of $0.10.

Ripple (XRP) Price Analysis

xrp
Source: Coin360

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 $0.13. In fact, the coin has shown a positive movement of 2.43% in today’s market bringing the current price to the level of $0.15. The market capitalization is $6,244,698,842 and volume traded of $2,984,379,535.

As XRP has avoided downfall below the crucial level of $0.13 and reached a safe level of $0.15, it can aim for the price level of $0.20 if the bullish movement is sustained and market forces don’t show any major downfall.

How useful was this post?

Click on a thumb to rate it!

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

LEAVE A REPLY

Please enter your comment!
Please enter your name here