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- 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%.
Ripple (XRP) Price Analysis
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 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 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
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
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.
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.
