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- The crypto market is looking strongly bullish as bitcoin finally climbed above the price level of $6300 and Ethereum reaching the major support level of $130.00
- The top movers in the market are bytecoin, verge, icon
- The top losers in the market are steem, Tether, XRP.
- The overall market capitalization is $176,198,343,096 and volume traded of $112,317,903,843.
ICON (ICX) Price Analysis
ICON has finally started showing positive movement in the market after reaching the support level of $0.18. The altcoin was on an attempt to break the crucial mark of $0.20 but faced heavy resistance at the price level of $0.19. Currently, it is at the price level of $0.19 with an overall gain of 6.17% in the market. The market capitalization is $105,459,019 with volume traded of $14,934,705. It is expected that the altcoin will make another attempt to cross the price level of $0.20.
EOS (EOS) Price Analysis
EOS is still in a purse to break the major resistance and crucial price level of $2.50. For the past five days, it is moving between the price range of $2.00 to $2.50. Currently, it is at the price level of $2.20 with an overall gain of 1.21%. The market capitalization is $2,491,301,193 with volume traded of $2,305,776,032. It is expected that if the cryptoasset is successful in breaking the price level of $2.50, it may build bullish momentum from there onwards.
LISK (LSK) Price Analysis
After facing a downtrend and going below the major support level of $1.00, Lisk has finally found another major support at the price level of $0.90. The altcoin has started to show signs of gradual positive momentum in the market. Currently, it is having an overall gain of 2.78% with a price level of $0.90. The market capitalization is $118,630,947 with volume traded of $4,581,855. With the support level of $0.70, the cryptoasset can start making a bullish impact in the market but can face minor resistance at the price level of $1.00.
Tezos (XTZ) Price Analysis
Tezos is on positive movement in today’s market but the major concern among the crypto traders is whether it will be sustained above the price level of $1.50. Tezos has been one of the top performing altcoins in this year. However, it is unable to sustain above the price level of $1.50 after the heavy downtrend faced by it.
Yesterday, the cryptoasset was having significant bullish movements in the market which helped it cross the crucial level of $1.00. Currently, it is at the price level of $1.50 with 2.25% overall gain. The market capitalization is $1,110,128,132 with volume traded of $86,284,456. A successful closing above the price level of $1.50 will indicate that the downfall for the coin will not sustain and vice-versa.
IOTA (MIOTA) Price Analysis
IOTA is facing a significant positive movement in today’s market. The altcoin is having an overall gain of 3.50% with a price level of $0.13. The market capitalization is $388,690,598 and volume traded of $9,466,724. It is expected that the positive movement will be not that significant as IOTA is having a strong resistance level of $0.15. But any further upsurge above the given resistance level can result in major price recovery for the cryptoasset. Apart from the minor positive movement, IOTA will be looking to cross a $0.15 mark again.
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.
