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

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Vasu Singhal
Vasu Singhal is a management student and a stock market trader. He believes that investment avenues and opportunities are very diversified. Therefore, he has an interest in blockchain technology too. He likes to evaluate best investments available in the financial market with showcasing the required skills.

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Source: Coin360

  • The 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 ABBC Coin, Quant, Nano are showing a negative downtrend in the market. 
  • The overall market capitalization is of $195,703,474,455 with 24h volume traded of $113,184,681,756. The market dominance of BTC remains at 64.6%. 

Tezos (XTZ) Price Analysis 

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xtz
Source: Coin360

Tezos is facing major resistance at the price level of $2.30 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 $1.90 with an overall gain of 5.01%. The market cap is $1,424,263,969 with volume traded of $184,119,101. The XTZ/BTC pair is also performing positive with an overall gain of 5.70% with the level of 0.00029069. 

Tron (TRX) Price Analysis 

trx
Source: Coin360

Tron is also a significant positive movement in today’s market. With an overall gain of 2.17%, the current price level is at $0.012. The market capitalization is $ 841,814,686 and volume traded of $ 1,056,577,533. Breaking the crucial price level of $0.013 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 $0.20. Currently, the price is at the level of $0.16 with an overall gain of 2.69%. The market capitalization is $447,212,334 and volume traded of $8,065,626. IOTA is moving between the price range of $0.10 and $0.20 for a while now. Therefore, a break above the price level of $0.20 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 -0.68%. After having a successful closing above the price level of $180, BSV is facing price recovery again. The current price is at the level of $184.92 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 $6.00, ETC was facing heavy downtrend activities for the past few days until it touched the major support level of $4.80. it helped the altcoin to surge above the safe price level of $5.00. However, it is on a minor uptrend again in today’s market with an overall gain of 0.80%. If this minor positive momentum forced ETC to go past above the safe price level of $6.00, we can see some heavy bullish momentum for the cryptoasset. The market capitalization is of $613,138,013 and volume traded of $1,518,571,474 for the cryptoasset in the market. 

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