- The overall market conditions looked to sustained the bullish sentiments as BTC attempted to develop sustainability above the $23K mark and Ethereum avoiding any sort of negative divergence in the levels
- The total market capitalization of the cryptoverse has reached $653.18B resulting in an increase of 3.36% over the dayÂ
- The total volume traded of the market in the last 24 hours stands at $261.41B resulting in an increase of 23.73% over the dayÂ
- The dominance of the crypto king has reached 65.52% resulting in an increase of 0.51% over the dayÂ
BTC/USD
Bitcoin price levels were able to maintain the constant positive sentiment in the overall market conditions on Friday’s market session. However, the price stability above the bullish mark of $23K is yet to be confirmed as investors might get doubtful for BTC having price corrections in the upcoming trading sessions after having an overheated bullish rally of 28.00% over the week. The CMP is placed at $22,874.55 with an overall gain of 3.46% over the day bringing the market capitalization to $424,767,285,911 with the 24-hour volume traded of $66,159,504,452.Â
ETH/USD
Ethereum faced negative reversals from its new year-to-date high which is placed around $670. The CMP is placed at $642.56 with a marginal loss of -0.24% bringing the market capitalization to $73,209,807,949 with a 24-hour volume traded of $24,126,429,477. The ETH/BTC pair is also performing negative with a loss of -3.44% bringing the current level to 0.02808883 BTC. We may expect the current retracement to go down to its previous year-to-date high around $630 from where little support is looking to build-up for the crypto asset.Â
XRP/USD
XRP price levels were unable to maintain stability above the crucial bullish mark of $0.60 resulting in minor retracements during the current market session. However, the crypto asset remained positive with an overall gain of 5.89% bringing the CMP to $0.589524 with the market capitalization to $26,747,660,092 with the 24-hour volume traded of $19,170,833,053. The XRP/BTC pair has turned positive with a gain of 1.66% bringing the current level to 0.00002571 BTC. If the magnitude of the retracement gets increases in the upcoming trading sessions, the levels will have support placed at $0.52.
LINK/USD
Chainlink price levels targetted for a positive breakout above the major resistance mark of $14.00 on Friday’s market session. The CMP is placed at $13.67 with an overall gain of 1.77% adding the weekly gain to 15.61%. The market capitalization is at $5,417,022,860 with the 24-hour volume traded of $1,898,134,771. The LINK/BTC pair continued to trend negative with a loss of -2.29% bringing the current level down to 0.00059363 BTC. However, the LINK/ETH pair has turned positive with a gain of 1.56% bringing the current level to 0.02121018 ETH indicating that it may provide support to the current bullish rally of the crypto asset.
BCH/USD
Bitcoin Cash price levels were able to maintain sustainability above the crucial mark of $300 on Friday’s market session. The CMP is placed at $314.03 with a gain of 1.81% adding the weekly overall gain to 15.87%. The market capitalization is at $5,419,269,341 with a 24-hour volume traded of $5,847,294,833. The BCH/BTC pair is trending negative with a loss of -2.53% bringing the current level down to 0.01363726. On the upper side, the price levels will be facing major resistance at $320 and $330 respectively.
LTC/USD
Litecoin continued its overheated bullish rally on Friday’s market session by adding the weekly overall gain to 52.46%. The CMP is placed at $108.36 with an overall gain of 17.68% over the day bringing the market capitalization to $7,191,192,850 with the 24-hour volume traded of $12,117,990,704. The LTC/BTC pair is also performing significantly positively with a gain of 13.63% bringing the current level to 0.00472708 BTC. However, LTC is still down by 75% from its December 2017 levels which were around $375.
BNB/USD
Binance coin price levels looked for sustainability above the resistance level of $30.00 on Friday’s market session. The CMP is placed at $30.61 with a gain of 0.37% over the day adding the weekly gain to 12.79%. The market capitalization is at $4,420,353,882 with a 24-hour volume traded of $472,775,335. The BNB/BTC pair is still performing negative with a loss of -3.36% bringing the current level down to 0.00133203 BTC. BNB will be facing major resistance at $33 and $35 respectively.
DOT/USD
Polkadot price levels were again unsuccessful in maintaining stability above the bullish mark of $6.00 resulting in negative reversals. The CMP is placed at $5.35 with a marginal loss of 0.30% keeping the weekly overall gain to 15.03%. The market capitalization is at $4,755,554,401 with a 24-hour volume traded of $893,407,910. The DOT/BTC pair continues to trend negative with a loss of -3.775 bringing the current level to 0.0002387 BTC. DOT will be having major support placed at $4.80 and $4.50 respectively.
ADA/USD
ADA price levels were also unable to maintain sustainability above the crucial resistance mark of $0.17 resulting in minor retracements for the day. The CMP is placed at $0.167582 with a marginal gain of 0.32% adding the weekly gain to 21.52%. The market capitalization is at $5,206,753,783 with a 24-hour volume traded of $1,325,791,750. The ADA/BTC pair continues to trend negative with a loss of -3.14% bringing the current level to 0.00000728 BTC.
BSV/USD
Bitcoin SV looked vulnerable for a negative breakout below the major resistance level of $180.00 again on Friday’s market session. The CMP is placed at $181.82 with a marginal gain of 0.98% bringing the market capitalization to $3,380,557,608 with the 24-hour volume traded of $775,372,854. The BSV/BTC pair is still performing negative with a loss of -2.96% bringing the current level to 0.00786048 BTC. A negative breakout below the resistance level can again consolidate the current bullish momentum of the crypto asset.Â
