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Cryptocurrencies Price Analysis: XTZ, IOTA, BCH, BSV, BNB

Screenshot (143)
Source: Coin360
  • The overall positive momentum in the crypto market is indicating that it is ready to cover the significant price damages suffered by the majority of the coin in the previous month
  • Bitcoin has crossed the crucial price level of $6.5k and looking confident to break $7k now. Ethereum is about to reach a safe price level of $140.
  • The overall market capitalization is $186,867,269,511 and volume traded of $130,895,471,217. The dominance of bitcoin in the market reaches 65.3%.

Tezos (XTZ) Price Analysis

xtz
Source: Coin360

Tezos holders can now breathe in relief as the altcoin is now close to the safe price spot of $2.00. However, the XTZ/BTC pair is on the significant downfall of -2.80% with the level of 0.00024504. With the overall downtrend in the market, XTZ was dropped back to the critical support area of $1.30. The current price is $1.70 with the market cap of $1,148,085,497 and volume traded of $100,558,480. Now that the altcoin is on an attempt to break the price level of $2.00 and a successful break can result in sustainable bullish momentum. 

IOTA (MIOTA) Price Analysis

iota
Source: Coin360

IOTA is now looking confident to break the crucial price level of $0.15 with today’s bullish movement. The altcoin has been performing significantly positive for the consecutive second day which helped it maintain its stability on the bullish movement gained. The cryptoasset is having an overall gain of 1.73% with the current price of $0.14. The market capitalization is $412,004,033 and volume traded of $9,036,348. The IOTA/BTC pair is having a major downfall of -5.73% with a level of 0.00002230.

Bitcoin Cash (BCH) Price Analysis

bch
Source: Coin360

Bitcoin Cash has taken full advantage of the overall bullish momentum in the market. It has crossed the crucial price level of $225 and now aiming to cross $230. The cryptoasset is having significant growth in today’s market with an overall gain of 4.87%. The current price is at the level of $226.40. The market capitalization is $4,153,175,035 and volume traded of $3,0451,390,574. The BCH/BTC pair is performing negatively with the overall loss of -0.87% with the level of 0.03403797 BTC.

Bitcoin SV (BSV) Price Analysis

bsv
Source: Coin360

As the graph reflects, BSV is having significant bullish momentum in today’s market. The huge positive rally has provided an overall gain of 4.67% to the cryptoasset. The market capitalization is $3,116,507,017 and volume traded of $2,073,658,832. The cryptoasset indicated this bullish movement market when it closed above the level of $165. With the overall positive momentum in the market, BSV can now look to target the price level of $170.

Binance Coin (BNB) Price Analysis

bnb
Source: Coin360

BNB is back on track to regain the lost bullish momentum of this year. The altcoin has broken the crucial price level of $12.00 with an overall gain of 4.32%. The market capitalization is $1,914,985,160 and volume traded of $365,155,452. The BNB/BTC pair is on the negative side with a loss of -1.52% bringing the level to 0.00192744 BTC. If the bullish momentum continued for the altcoin, it will be facing critical resistance at the price level of $15.00. 

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.