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- The crypto market is looking strongly bullish as bitcoin finally sustained above the price level of $9k and Ethereum reaching the major support level of $215.00
- The top movers in the market are Ethereum Classic, Dogecoin and Theta
- The top losers in the market are Tezos, Tether, OmiseGo
- The overall market capitalization is $254,198,343,096 and volume traded of $157,317,903,843.
ICON (ICX) Price Analysis
ICON has finally started showing positive movement in the market after reaching the support level of $0.25. The altcoin was on an attempt to break the crucial mark of $0.30 but faced heavy resistance at the price level of $0.29. Currently, it is at the price level of $0.28 with an overall gain of 1.17% in the market. The market capitalization is $156,459,019 with volume traded of $23,934,705. It is expected that the altcoin will make another attempt to cross the price level of $0.30.
EOS (EOS) Price Analysis
EOS is still in a purse to break the major resistance and crucial price level of $3.00. By the end of February, it was successful in breaking the level but was unable to sustain it. Since then it never crossed $4.00 level again. For the past five days, it is moving between the price range of $2.50 to $2.90. Currently, it is at the price level of $2.80 with an overall gain of 0.21%. The market capitalization is $2,691,301,193 with volume traded of $3,105,776,032. It is expected that if the cryptoasset is successful in breaking the price level of $3.00, it may build bullish momentum from there onwards.
LISK (LSK) Price Analysis
After facing a downtrend and going below the major support level of $1.50, Lisk has finally found another major support at the price level of $1.20. The altcoin has started to show signs of gradual positive momentum in the market. Currently, it is having an overall gain of 0.78% with a price level of $1.26. The market capitalization is $155,630,947 with volume traded of $7,702,855. With the support level of $1.20, the cryptoasset can start making a bullish impact in the market but can face minor resistance at the price level of $1.70.
Basic Attention Token (BAT) Price Analysis
BAT is on a downtrend in today’s market due to the strong resistance provided by the price level of $0.20. The altcoin is facing an overall loss of -0.50% with the current price level of $0.19. The market capitalization is $227,946,257 and volume traded is $95,511,465. The market pairs of BAT are also facing minor decline today. The BAT/BTC pair is having a -0.63% loss with the level of 0.00002138 BTC. The BAT/ETH pair is having a -0.36% loss with the level of 0.00088792ETH. However, BAT is strongly supported by the price level of $0.18 which may prevent it from heavy downfalls in upcoming days.
IOTA (MIOTA) Price Analysis
IOTA is facing a minor downtrend in today’s market. The altcoin is having an overall loss of -1.50% with a price level of $0.18. The market capitalization is $519,690,598 and volume traded of $10,466,724. It is expected that the downfall will be not that much significant as IOTA is having a strong support level of $0.17. But any further downfall below the given support level can result in major price corrections for the cryptoasset. Apart from the minor negative movement, IOTA will be looking to cross the $0.20 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.
