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

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  • The overall market conditions looked for sustainability after gaining levels from yesterday’s market session and reaching above major support levels
  • Bitcoin is looking to build strong sustainability above the bullish price mark of $19K; meanwhile, Ethereum is still targeting a positive breakout above the crucial mark of $600 
  • The total market capitalization of the crypto world stands at $560.64B resulting in a decline of -0.07% over the day 
  • The total volume traded of the market over the 24 hours is at $104.89B resulting in a decline of -8.00%
  • The dominance of the crypto king remains at 63.45% resulting in a marginal gain of 0.11% over the day 

BTC/USD 

Source: Coinmarketcap

Bitcoin price levels made another retest of the major resistance level of $19500 on Tuesday’s market session and faced negative reversals again. The CMP is placed at $19195.58 with an overall gain of 0.34% over the day bringing the market capitalization to $356,173,183,951 with the 24-hour volume traded of $24,885,101,384. The current levels look to build sustainability above the bullish mark of $19K which is a positive sign for the world’s largest crypto asset in the upcoming trading sessions. 

ETH/USD 

Source: Coinmarketcap

Ethereum price levels made an unsuccessful attempt for having a positive breakout above the bullish mark of $600 on Tuesday’s market session. The CMP is placed $584.15 with a marginal loss of -0.48% over the day bringing the market capitalization to $66,562,379,005 and the 24-hour volume traded of $8,859,816,616. The ETH/BTC pair has again turned negative while facing a loss of -0.57% bringing the current level to 0.0304724 BTC. The positive rally of the crypto asset was halted at $595.00 and faced negative reversals indicating a new resistance level build-up. 

XRP/USD 

Source: Coinmarketcap

XRP price levels suffered a negative breakout below the crucial support mark of $0.50 on Tuesday’s market session. The CMP is placed at $0.492619 with an overall loss of -2.68% adding the weekly loss to -18.72%. The market capitalization has reached $22,376,356,444 with a 24-hour volume traded of $8,427,619,515. The XRP/BTC pair has also turned negative while facing a loss of -2.98% bringing the current level to 0.00002569 BTC. 

LINK/USD 

Source: Coinmarketcap

Chainlink price levels made an unsuccessful attempt for having a positive breakout above the crucial bullish mark of $13.00 on Tuesday’s market session. The CMP is placed at $12.60 facing a marginal loss of -0.91% adding the weekly loss to 3.92%. The market capitalization is at $4,993,998,253 with a 24-hour volume traded of $923,873,736. The LINK/BTC pair has again turned negative with a loss of -1.19% bringing the current level to 0.00065729 BTC. 

BCH/USD 

Source: Coinmarketcap

Bitcoin cash price levels managed to have a positive crossover above the resistance level of $270 and maintained sustainability above the gained levels on Tuesday’s market session. The CMP is placed at $277.35 with an overall gain of 1.60% reducing the weekly loss to -2.60%. The market capitalization has reached $5,123,500,605 with a 24-hour volume traded of $1,681,930,129. The BCH/BTC is also performing positive with a gain of 1.055 bringing the current level to 0.01443081 BTC. The levels will be facing minor resistance at $280 in the upcoming trading sessions. 

LTC/USD 

Source: Coinmarketcap

Litecoin price levels looked for sustainability above the crucial price mark of $80.00 on Tuesday’s market session. The CMP is placed at $81.70 with a marginal gain of 0.11% bringing the market capitalization to $5,393,846,129 with the 24-hour volume traded of $3,938,372,027. The LTC/BTC pair is still performing negative with an overall loss of -0.34% bringing the current level to 0.00425482. If the current bullish move is sustained by the crypto asset in the upcoming trading sessions, the levels will be facing major resistance at $90. 

BNB/USD 

Source: Coinmarketcap

Binance coin price levels strongly targeted for a positive breakout above the resistance mark of $30.00 on Tuesday’s market session. The CMP is placed at $29.85 with an overall gain of 3.56% over the day adding the weekly gain to 1.97%. The market capitalization has reached $4,311,423,402 with a 24-hour volume traded of $362,243,802. The BNB/BTC pair is also performing positive with a gain of 3.39% bringing the current level to 0.00155580 BTC. 

DOT/USD 

Source: Coinmarketcap

Polkadot price levels were unable to have a sustainability positive breakout above the crucial mark of $5.00. The CMP is placed at $4.90 with a marginal loss of -0.74% adding the weekly loss to -1.41%. The market capitalization has reached $4,347,491,474 with a 24-hour volume traded of $221,049,782. The DOT/BTC pair has again turned negative while facing a loss of -0.95% bringing the current level to 0.00025539 BTC. 

ADA/USD 

Source: Coinmarketcap

ADA price levels were able to maintain sustainability above the crucial mark of $0.15 on Tuesday’s market session by having an overall gain of 2.37%. The CMP is placed at $0.155170 bringing the market capitalization to $4,834,897,048 with the 24-hour volume traded of $585,224,484. The ADA/BTC pair is also performing positive with an overall gain of 2.08% bringing the current level to 0.00000811 BTC. 

BSV/USD 

Source: Coinmarketcap

Bitcoin SV price levels are still engaged below the resistance level of $170.00 on Tuesday’s market session. The CMP is placed at $167.32 with a marginal gain of 0.19% bringing the market capitalization to $3,111,217,919 with the 24-hour volume traded of $335,989,935. The BSV/BTC pair is still performing negative with a marginal loss of -0.14% bringing the current level to 0.00872540 BTC. A positive breakout above the resistance mark of $170 can be bullish signal for the crypto asset in the upcoming trading sessions. 

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