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- 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 quant,Nexo, and tether are showing a negative downtrend in the market.
- The overall market capitalization is of $219,703,474,455 with 24h volume traded of $123,184,681,756. The market dominance of BTC remains at 63.5%.
Tezos (XTZ) Price Analysis 
Tezos was 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. The overall market conditions provided the momentum required by tezos and now looking to break another crucial level of $3.00. The current price level is $2.84 with an overall gain of 5.01%. The market cap is $2,009,263,969 with volume traded of $302,119,101. The XTZ/BTC pair is also performing positively with an overall gain of 3.70% with the level of 0.00037391.
Tron (TRX) Price Analysis 
Tron is also a significant positive movement in today’s market. With an overall gain of 1.17%, the current price level is at $0.014. The market capitalization is $ 942,814,686 and volume traded of $ 1,556,577,533. Breaking the crucial price level of $0.015 is becoming a top priority for the altcoin otherwise can face price consolidation between the price range of $0.010 to $0.015.
IOTA (MIOTA) Price Analysis 
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 $0.17 with an overall gain of 5.69%. The market capitalization is $481,212,334 and volume traded of $14,065,626. 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 is facing positive momentum in today’s market with an overall gain of -1.68%. 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 $197.00 with the market capitalization of $ 3,654,284,664 and a volume trade of $ 1,903,608,745. 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 and now looking confident to break the crucial price level of $200.
Ethereum Classic (ETC) Price Analysis 
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 2.80%. 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 $1,718,571,474 for the cryptoasset in the market.
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.
