Daily Movers of Crypto Market: ETH, BCH, UNI, and SUSHI

Pratik Chadhokar
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 possesses strong technical analytical skills. He is well known for his entertaining and informative analysis of the Financial markets.
  • Bullish move in global market help crypto market to outperform as the crypto market cap increase 3.32% and stands at $344,797,299,896
  • Crypto king climbs 2.68% and trading at $10,900 while ETH regains its important level of $350
  • The volume traded in the overall market is $92,192,391,966 decreased by -11% in last 24-hours  

A good move in the global financial market helped the crypto market to trade strong with major coins such as Bitcoin performing well in the market taking its dominance to 58.5%. The market is underperforming since the last few days due to dull sentiment, but on Friday the crypto market regained its momentum as President Donald Trump signalled a willingness to negotiate a piecemeal bill to support the economy by the stimulus package. 

source: coinmarketcap

Gainers 

Ethereum (ETH)

source:tradingview

The token trading at the level of $352 and gains 3.77% in Last 24-hours likewise the previous seven days it gains about 2.11%. As the result the coin able to regain the level of $350 as an important level. However, on the 4-hours chart, the symmetric pattern is observed as the breakout expected the volume traded in 24-hours is $13,504,886,587 and the market cap at $39,684,808,200.

Bitcoin Cash (BCH)

source:tradingview

Another main coin performed well is BCH, it gains 5.29% in Last 24-hours and trading at the level of $235.8 and it gains around 7% in the last seven days. However, the coin traded with a volume of $2,009,828,726 and with the market cap of $4,366,506,892.

The coin has support at $225 and resistance at the level of $241. We can expect an upside to the level of $240 in the coming trading session with the support of the overall market.

SushiSwap (SUSHI)

source:tradingview

The coin had a positive bump of 27.26% in last 24-hours. but it losses -35.97% in the past 7 days, it rebounded from its low of $0.60115 and jumped to the level of $0.76383. The volume traded in Last 24-hours is $139,925,924,  the coin was in bearish momentum but has shown bullish movement in Last 24-hours. It can be a sign of recovery in the coin.

Uniswap (UNI)

source:tradingview

The coin outperformed in the previous 24-hours as jumped around 25.16% and trading at the level of $3.26, however, decreased around 21.28% in the last seven trading sessions. The coin has support at the level of $2.60 and resistance at $4.30, the volume recorded in Last 24-hours is of $732,066,281 and market cap remains at $317,536,804.

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