- 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.
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)
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.
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.
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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