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

  • The cryptomarket is again turning green after having a negative start in today’s market.  
  • Bitcoin has successfully climbed above the safe level of $6.6K and Ethereum managed to sustain above the major support level of $130.
  • The market capitalization is 186,108,797,468 with volume traded of $115,906,893,867. The overall dominance of BTC remains at 65.6%. 
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Source: Coin360

Ripple (XRP) Price Analysis 

xrp
Source: Coin360

A non-stressful day for XRP holders also as the cryptoasset has finally managed to avoid any further downfall below the price level of $0.15. The coin has shown a positive movement of 7.43% in today’s market bringing the current price to the level of $0.17. The market capitalization is $7,608,698,842 and volume traded of $2,409,379,535. 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.

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 2.47% in today’s market. The current price is at the level of $0.14 with the market capitalization of $401,578,442 and volume traded of $4,197,531. 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.

ICON (ICX) Price Analysis 

icon
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 $0.20 with an overall gain of 1.05% and with a market capitalization of $109,286,225 and volume traded of $11,391,556. The circulating supply is 530,149,939 ICX for the altcoin in the market. ICX must sustain on the price level of $0.20 for building significant bullish momentum in the market.

Tezos (XTZ) Price Analysis

xtz
Source: Coin360

Tezos started with a support level of $1.50 after the disastrous downfall in this month. The bullish market helped the altcoin to start today’s market with positive movement. Tezos touched the price level of $1.70 before the bears came in to play again with the strong resistance of $1.80. Currently, it is having an overall gain of 0.56% with the current price of $1.73. The market capitalization is $1,22,159,537 and volume traded of $72,218,042. The circulating supply is 705,248,066 XTZ. Tezos can gain significant price growth in the market only if it breaks the crucial level of $2.00 again.

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 1.57% bringing the current price level to $0.011. TRX holders can now breathe in comfort as the crypto asset 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 $0.012 and $0.015.

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.