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- Rebound in the global market help the crypto market to recover from yesterday’s sell-off; as a result crypto market is trading flat around (-0.15%)
- The central coin Bitcoin trading at $10,604 likewise Ethereum at $370 and BTC dominance remains at 58.7%
- The volume traded in the market is $103,7595,046,745 while the market cap stands at $334,988,260,390
The Hopes of the stimulus were restored somewhat after President Donald Trump said, “he was ready to sign off on piecemeal measures, including support for individuals, small businesses, and airlines”. As the global market again traded in strength and recovery is observed in the global financial markets, the total crypto market volume over the last 24 hours is $103.75 B, which makes a -6.75% decrease.
Gainers
VeChain (VET)
The crypto asset bounce back from its 24 hours low of $0.009764 regain the level of $0.010000 and trading at a level of $0.010763 as the token drops about -19.50% in the last seven day and trading up by 5.6%.he volume traded in 24 hours was $173,362,794, and the market cap remains at $692,243,400. The coin has support at $0.009744 as its low, and it has resistance at $0.011315.
Monero (XMR)
The coin trading at the level of $109.01 and gains 2.05% on Thursday trading session as after breaking the resistance of $96.80 a bullish momentum takes the coin to the level of $109.01. he next resistance level for it is $114.68, over the yearly chart the 24-hour volume is $1,298,185,251 recorded, and the market cap stands at $1,928,774,407.
We can see a higher level of $125 over the chart after breaking the resistance level of $114.68.
Losers
Uniswap (UNI)
Altcoin facing a continues selloff in the last few weeks and trading at the level of 2.61$. The coin drops around -1.38% in the previous 24 hours, and it dragged around 38.95% in the last seven trading session. The volume traded in 24 hours is $555,672,684, and the market cap remains at $251,664,912 as the coin is in the bearish momentum after touching the level of $8.44.
Basic Attention Token (BAT)
The token observed the volume of $117,006,499 in 24 hours and the market cap of the coin was at $309,087,813. The coin trading at the level of $0.21027, however, the coin was at its crucial support of $0.20723. If the support breaks we can see the lower levels of $0.17720 and $0.09983 respectively. As it dragged -15.60% over the last seven days.
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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.
