Cryptocurrencies Price Analysis: XTZ, ABBC, BSV, NANO

  • The dominance of crypto king remains at 60.52% 
  • Due to the volatile global market the BTC losses -1.42% and ETH at -0.98% on Tuesday’s session. 
  • Likewise the market cap was $345,978,511,760 and the volume traded in a day was around $111,507,821,014 

The Market Mood

The second wave of pandemic COVID-19 is creating a panic investor in the market as the result the market is facing pressure and the weak global sentiments affect the market mood as the result the crypto king is under pressure.

Source: coin360

Gainer Of Market 

Omg Network (OMG)

Source: coinmarketcap

OMG Network jumped 29.50% on today’s trading section and is currently trading on the level of $4.20. The 24-hour trading volume is  $771,569,193 USD and current market cap of the crypto asset is $587,474,807 USD. It touches the level of $2.48 on the downside and after it, a bullish move is given by it and after touching the level of $4.43 now it sustains above the level of $4.00 and faces the resistance level of $4.40. Can it cross the level of $4.40 in the coming days? 

Abbc Coin (ABBC)

Source: coinmarketcap
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ABBC rostered from the low of $0.16 to the upper level of $0.38 it rose about 15.50% in currently trending above the level of $0.32. The market cap was around $192,972,629 and the 24-hours volume is $52,215,578. As the low of the coin was the support of the crypto asset that is of $0.16 and the altcoin is currently trading above the normal range of year to date. As a break out can be seen in future dates. 

Losers of the Market:

 Bitcoin SV (BSV) 

Source: coinmarketcap

BSV losses $4.00 in a day as it touches the high of $170.80 and drops by 4% in the single trading section. It has support at $166.90 on a 24-hours chart, meanwhile, the market cap was at $3,147,462,679 and the volume of $693,517,346. The altcoin was in an uptrend in short term trend and continuously making the higher highs and lower lows. In upcoming weeks it can touch the level of $200 if the overall market conditions favor. 

Nano (NANO)

The crypto asset losses around 4.70% in a 24-hours chart.currently trading around $0.82, however, it has support at $0.78 meanwhile the resistance at $0.90. The market cap was at $109,417,143 and the Volume traded was $5,294,604. However the crypto asset bonus from the lower level on the weekly chart the investors can see the level of $0.87 if the support is not broken.

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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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