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ThecoinrepublicAltcoinsCryptocurrencies Price Analysis: Tezos, Tron, IOTA, BSV,...
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Cryptocurrencies Price Analysis: Tezos, Tron, IOTA, BSV, ETC 

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  • crypto market is showing minor positive movement with the majority of the coins showing the small magnitude of positive movement.
  • However, some of the altcoins like lisk, basic attention token, NEM are showing a negative downtrend in the market. 
  • The overall market capitalization is of $183,703,474,455 with 24h volume traded of $116,184,681,756. The market dominance of BTC remains at 65.6%. 
Screenshot (113)
Source: Coin360

Tezos (XTZ) Price Analysis 

xtz
Source: Coin360

Tezos is facing major resistance at the price level of $1.80 which is stopping the altcoin to build significant growth in the crypto market. By building a bullish rally from the price level of $1.50, tezos looked confident to break the crucial price level of $2.00. But the resistance level is putting bulls on break. The current price level is $1.73 with an overall gain of 4.01%. The market cap is $1,224,263,969 with volume traded of $90,119,101. The XTZ/BTC pair is also performing positively with an overall gain of 1.70% with the level of 0.00026071. 

Tron (TRX) Price Analysis 

trx
Source: Coin360

Tron is also a significant positive movement in today’s market. With an overall gain of 3.17%, the current price level is at $0.011. The market capitalization is $ 774,814,686 and volume traded of $ 993,577,533. Breaking the crucial price level of $0.012 is becoming a top priority for the altcoin otherwise can face price consolidation between the price range of $0.010 to $0.012. 

IOTA (MIOTA) Price Analysis 

iota
Source: Coin360

IOTA is also a significant bullish movement after facing downtrend for a while now. However, the bullish trend is unable to put the altcoin above the price level of $0.15. Currently, the price is at the level of $0.14 with an overall gain of 2.69%. The market capitalization is $397,212,334 and volume traded of $3,065,626. IOTA is moving between the price range of $0.10 and $0.15 for a while now. Therefore, a break above the price level of $0.15 is much required for the altcoin.

Bitcoin SV (BSV) Price Analysis 

bsv
Source: Coin360

BSV is facing positive momentum in today’s market with an overall gain of -2.68%. After having a successful closing above the price level of $170, Bitcoin SV is facing price recovery again. The current price is at the level of $172.92 with the market capitalization of $ 3,354,284,664 and a volume trade of $ 2,103,608,745. The cryptoasset was facing downtrend after breaking below the crucial level of $150 and touched the support level of $100 from where it gained positive momentum again. 

Ethereum Classic (ETC) Price Analysis 

etc
Source: Coin360

After facing major resistance from the price level of $9.90, Ethereum Classic was facing heavy downtrend activities for the past few days until it touched the major support level of $7.80. it helped the altcoin to surge above the safe price level of $8.00. However, it is on a minor downtrend again in today’s market with an overall loss of -0.80%. If this minor downtrend forced ETC to go past below the safe price level of $8.00, we can see some heavy bearish momentum for the cryptoasset. The market capitalization is of $950,138,013 and volume traded of $1,940,571,474 for the cryptoasset in the market. 

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Adarsh Singh
Adarsh Singh
Adarsh ​​Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
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