Price Analysis 12/11: BTC, ETH, XRP, LINK, BCH, LTC, BNB, DOT, ADA, BSV

0
51
Price analysis
  • The overall market conditions remained positive on Monday’s market session as BTC looked for sustainability above the bullish mark of $19K and Ethereum looking for a positive crossover above $600 
  • The global crypto market capitalization is at $560.01B resulting in an incline of 1.61% over the day 
  • The total crypto market volume over the last 24 hours is at $108.31B resulting in an increase of 16.86% over the day 
  • The dominance of BTC/USD has decreased by -0.21% over the day bringing the current level down to 63.33% 
source: Coin360

BTC/USD 

Source: Coinmarketcap

Bitcoin price levels were able to have a positive breakout above the bullish price mark of $19K on Monday’s market session. The CMP is placed at $19168.59 with an overall gain of 1.34% reducing the weekly loss to just 0.92%. The market capitalization is at $354,857,974,945 with the 24-hour volume traded of $26,226,050,032. The price levels are still facing resistance at $19400 and $19800 respectively. 

ETH/USD 

Source: Coinmarketcap

Ethereum bulls looked strong for having a positive breakout above the bullish price mark of $600 on Monday’s market session. The CMP is placed at $587.73 with an overall gain of 3.03% over the day reducing the weekly loss to -1.81%. The market capitalization is at $66,676,357,332 with a 24-hour volume traded of $10,537,973,578. The ETH/BTC pair has also turned positive with an overall gain of 1.56% bringing the current level to 0.03065557 BTC. 

XRP/USD 

Source: Coinmarketcap

XRP price levels continued with its sustainability above the major support level of $0.50 on Monday’s market session. The CMP is placed at $0.506984 with an overall gain of 0.76% over the day while the weekly loss still persists around -18.00%. The market capitalization is at $23,075,836,156 with a 24-hour volume traded of $8,090,436,184. The XRP/BTC pair still trend negative with a loss of -0.33% bringing the current level to 0.00002649 BTC. A negative breakout below the current support level can be a bearish signal for the crypto asset in the upcoming trading sessions. 

LINK/USD 

Source: Coinmarketcap

Chainlink price levels targetted for a positive breakout above the crucial price mark of $13.00 on Monday’s market session. The CMP is placed at $12.71 with an overall gain of 3.74% reducing the weekly loss to 4.00%. The market capitalization is at $5,039,920,831 with a 24-hour volume traded of $1,069,347,269. The LINK/BTC pair has also turned positive with a gain of 2.50% over the day bringing the current level to 0.00066217 BTC. 

BCH/USD 

Source: Coinmarketcap

Bitcoin cash price level was able to maintain sustainability above the crucial mark of $270.00 on Monday’s market session. The CMP is placed at $273.96 with an overall gain of 0.37% over the day reducing the weekly loss to 4.79%. The market capitalization is at $5,097,775,512 with the 24-hour volume traded of $1,650,073,206. The BCH/BTC pair has also turned positive with a marginal gain of 0.28% bringing the current level to 0.01425900 BTC. 

LTC/USD 

Source: Coinmarketcap

Litecoin price levels had a positive breakout above $80.00 on Monday’s market session. The CMP is placed at $81.28 with an overall gain of 3.39% reducing the weekly loss to -3.41%. The market capitalization is at $5,370,396,553 with a 24-hour volume traded of $3,978,904,471. The LTC/BTC pair has also turned positive with an overall gain of 3.58% bringing the current level to 0.00423895 BTC. The price levels will be facing a major resistance level at $90.00 for the upcoming trading sessions. 

BNB/USD 

Source: Coinmarketcap

Binance coin price levels were able to perform positively on Monday’s market session while having a marginal gain of 0.27% over the day reducing the weekly loss to -1.88%. The CMP is placed at $28.85 with the market capitalization of $4,197,618,735 and the 24-hour volume traded of $252,569,084. The BNB/BTC pair has also turned positive with an overall gain of 0.19% bringing the current level to 0.00150636 BTC. 

DOT/USD 

Source: Coinmarketcap

Polkadot price levels looked strong for a positive breakout above the crucial mark of $5.00 on Monday’s market session. The CMP is placed at $4.90 with a marginal gain of 0.18% bringing the market capitalization to $4,354,740,627 with the 24-hour volume traded of $245,410,385. The DOT/BTC pair has also turned positive with an overall gain of 0.45% bringing the current level to 0.00025626 BTC. 

ADA/BSV 

Source: Coinmarketcap

ADA price levels were able to maintain sustainability above the crucial mark of $0.15 on Monday’s market session. The CMP is placed at $0.152667 with a marginal gain of 0.27% over the day. The market capitalization is at $4,751,477,423 with a 24-hour volume traded of $673,391,203. The ADA/BTC pair has also turned positive with a gain of 0.56% bringing the current level down to 0.00000797 BTC. 

BSV/USD 

Source: Coinmarketcap

Bitcoin SV price levels continued to face a negative trend from the resistance level of $170.00 on Monday’s market session. The CMP is placed at $166.66 with a marginal loss of -0.53% bringing the market capitalization to $3,098,791,009 with the 24-hour volume traded of $361,969,036. The BSV/BTC pair continues to trend negative with a loss of -0.50% bringing the current level to 0.00869329 BTC. 

Join The Coin Republic’s Telegram Channel for more information related to CRYPTOCURRENCY NEWS and predication.

How useful was this post?

Click on a thumb to rate it!

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

LEAVE A REPLY

Please enter your comment!
Please enter your name here