Cryptocurrencies Price Analysis: Bitcoin, Ripple, Vechain, ICON, NEM

Vasu Singhal
Vasu Singhal is a management student and a stock market trader. He believes that investment avenues and opportunities are very diversified. Therefore, he has an interest in blockchain technology too. He likes to evaluate best investments available in the financial market with showcasing the required skills.
  • The crypto market is showing significant and sustainable bullish movement in today’s market. Bitcoin has crossed the level of $5300 and aims to cross the safe level of $5500
  • ETH is also looking confident with the positive movement in the market and aims to cross the safe spot of $120.
  • The overall market capitalization is $151,605,586,479 and volume traded of $123,943,619,643. The overall dominance of BTC remains at 64.20%

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Source: Coin360

Bitcoin (BTC) Price Analysis 

btc

BTC is finally showing signs of sustainable bullish momentum in the market with the overall gain of 3.71%. The world’s largest cryptoasset is finally able to maintain its sustainability over the price level of $5300. In fact, the bulls are strongly marching to the crucial level of $5400. The current price is $5383.99 with the market cap of $98,403,644,998 and volume traded of $38,702,716,611. It is now assumed that the overall market conditions will gain some sustainable bullish momentum for providing the crypto assets some price recovery.

Ripple (XRP) Price Analysis 

XRP

Ripple is finally looking strong to cross the crucial price level of $0.15. However, the declining XRP/BTC pair may result in some resistance to the altcoin. The pair is facing a loss of -1.66% with the level of 0.00002736. Overall, XRP is having positive momentum of 2.60% in today’s market with the current price of $0.148. The market capitalization is $6,493,458,943 and volume traded of $2,009,733,001. The cryptoasset finally found the major support level of $0.139 which provided the price push.

VeChain (VET) Price Analysis 

vet

Vechain has finally broken the crucial level of $0.0025 with a significant bullish movement in today’s market. The altcoin is having an overall profit of 9.30% with the current price of $0.002585. The market capitalization is $143,178,423 and volume traded of $69,396,800. The VET/BTC pair is also performing positively for the cryptoasset with an overall gain of 4.76% and a level of 0.00000048 BTC. The altcoin is looking confident on the bullish move and is now expected to break the crucial and safe spot of $0.0030.

ICON (ICX) Price Analysis

icon

ICON bullish movement in today’s market might help the cryptoasset to break the crucial level of $0.20. Currently, the price level is $0.19 with an overall gain of 12.77% in the market. The market capitalization is $102,368,275 and volume traded of $15,150,161. The ICON/BTC pair is also performing bullish in the market which is a positive sign for the altcoin. It is having an overall gain of 7.62% with the level of 0.00003591. The price mark of $0.19 was providing resistance to the coin but with the help of today’s bullish movement, it crossed the level. This also indicates that the altcoin might sustain this bullish movement in upcoming days.

NEM (XEM) Price Analysis 

NEM

NEM is finally able to maintain its sustainability above the price level of $0.030. The altcoin was facing huge volatile nature due to the bearish momentum in the overall market. Yesterday, the cryptoasset went below the price level of $0.030 but found the support level of $0.029 which pushed the price back to the safe spot. But now with the help of a significant bullish movement of 32.00% in the market, the altcoin is far away from low critical price areas. The market capitalization is $401,740,136 and volume traded of $26,523,764. The cryptoasset may now attempt to cross another crucial price level of $0.040 and can maintain sustainability on today’s bullish rally.  

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