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

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  • The cryptocurrency price analysis is indicating that market 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 $8.5k and looking confident to break $9.0k now.
  • Ethereum is about to reach a safe price level of $210.
  • The overall market capitalization is $246,867,269,511 and volume traded of $246,895,471,217. The dominance of bitcoin in the market reaches 65.6%.

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Source: Coin360

Tezos (XTZ) Price Analysis 

Source: Coin360

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Tezos holders can now breath in relief as the altcoin is now broken the safe price spot of $2.50. However, the XTZ/BTC pair is on the significant negative movement of -6.00% with the level of 0.00032070 BTC. With the overall downtrend in the market, XTZ was dropped back to the price level of January which is $1.30. The current price is $2.80 with the market cap of $2,005,085,497 and volume traded of $425,558,480. Now that the altcoin is on an attempt to break the price level of $3.00, holders can now expect some sustainable bullish momentum in the cryptoasset.

IOTA (MIOTA) Price Analysis 

Source: Coin360

IOTA is now looking confident to break the crucial price level of $0.20 with today’s bullish movement. The altcoin has been performing significantly positive for the consecutive second day which helped it to cross the resistance level of $0.17. As per Cryptocurrency Price Analysis, IOTA is having an overall gain of 0.73% with the current price of $0.18. The market capitalization is $499,004,033 and volume traded of $18,036,348. The IOTA/BTC pair is having a major downtrend of -6.73% with a level of 0.00002035.

Bitcoin Cash (BCH) Analysis 

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Source: Coin360

Bitcoin Cash has taken full advantage of the overall bullish momentum in the market. It has crossed the crucial price level of $255 and now aiming to cross $260. The cryptocurency is having significant growth in today’s market with an overall gain of 1.87%. The current price is at the level of $255.12. The market capitalization is $4,751,175,035 and volume traded of $5,451,390,574. The BCH/BTC pair is performing negatively with the overall loss of -5.87% with the level of 0.02877873 BTC.

Bitcoin SV (BSV) Price Analysis 

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 2.67% to the altcoin. The market capitalization is $3,890,507,017 and volume traded of $3,460,658,832. The cryptocurrency price analysis indicated this bullish movement market when it closed above the level of $200. With the overall positive momentum in the market, BSV can now look to target the price level of $210.

Binance Coin (BNB) Analysis 

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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 $17.00 with an overall gain of 1.32%. The market capitalization is $2,666,985,160 and volume traded of $520,155,452. The BNB/BTC pair is on the negative side with a loss of -5.52% bringing the level to 0.00193817 BTC. If the cryptocurrency manages to cross the crucial resistance area of $18.00, we can expect the coin to bounce to the bullish level of $20 again.

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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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