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- Due to the bullish movement in the global financial markets, the crypto market jumped 0.60%
- The crypto king trading at $10,770 up by 1.20% and the Ethereum trading at $353.2 up by 0.83%
- Bitcoin dominance stands at 58.1%
Inside Market
In the hope of a second stimulus package in the market giving confidence to bulls meanwhile, the crypto market reacts, as a result, the major coin Bitcoin Jumped 1.25% and trading above $10700.However, the recovery in the market helps some coins to climb up. The crypto market cap is $342,528,295,525 and the volume traded in 24-Hours is $92,688,137,368.
Top Gainers
Monero (XMR)
The altcoin gained over 8% in intraday and 17% over a week. The volume traded was around $1,126,951,394 and the market cap stands at $1,958,320,808 and currently trading at the level of $112.50the coin gives a bullish move from its bottom of $86.50 on a weekly chart and the faced resistance at $114.70 the coin trading in the blue sky zone and aiming the level of $120.0 in short term.
XRP (XRP)
The crypto asset trading at the level of $0.254 rosed around 2.95% in today’s trading section the coin gained over 5% in the last 7 days the altcoin gave a breakout above the level of $0.25. The volume traded in 24-hours is $2,230,943,589 and the market cap remains at $11,511,663,001 the coin has resistance at the level of $0.262 and support at $0.241.the coin is aiming at the level of $0.260 in the upcoming trading section.
Top losers
Uniswap(UNI)
The coin slipped 14.90% in intraday and dropped by 28% over a week the coin currently trading at the level of $3.05. The coin is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance token it is introduced in September 2020. The market cap stands at $295,970,879 and the volume traded is $523,629,383.
VeChain (VET)
The coin dropped 4.90% in a daily chart and slipped around 15.20% over the week the coin currently trading at the level of $0.0109. The level of $0.095 and $0.0136 acts as a support and resistance respectively for the crypto asset. The strongest support was at $0.0990 the charts look weak and a caution for the investors.
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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.
