Buyers keep dominating on the market; however, not all coins from the top 10 list are in the green zone.

Chart

Top 10 coins by CoinMarketCap

BTC/USD

Buyers increased their volume yesterday morning and continued their bull run, setting the daily high around the $51,720 mark. After lunch, the volume of purchases decreased, but at the end of the day, a new bullish impulse formed. It updated the absolute price record of Bitcoin (BTC) to $52,640. At the same time, the total capitalization of the cryptocurrency market exceeded $1.5 trillion.

Chart

BTC/USD chart by TradingView

Growth stopped at night and the BTC price consolidated in a narrow sideways range with support at $52,000. It looks like the bulls are going to continue running into the $54,000 area this morning.

Bitcoin is trading at $51,776 at press time.

ETH/USD

Yesterday morning, support at $1,750 stopped the decline and reversed the Ethereum (ETH) price to recovery. Before lunchtime, buyers managed to overcome the resistance of $1,800, and at the end of the day, they restored the pair to the zone of the recent maximum.

ETHUSD

ETH/USD chart by TradingView

Last night, the Ethereum (ETH) price set a new absolute maximum at $1.918, and in the morning, it pulled back began, which could return the pair to the average price area ($1,800).

 

If the two-hour EMA55 stops the decline, then before the end of this week, the ETH/USD pair will have time to test the psychological level of $2,000.

Ethereum is trading at $1,916 at press time.

ADA/USD

Cardano (ADA) is the second-most growing coin today. Its rate has gone up by 6% since yesterday.

Chart

ADA/USD chart by TradingView

On the daily chart, Cardano (ADA) is about to retest the resistance at $0.982. Thus, there are high chances for bulls to break it as buyers keep dominating based on the trading volume. In this case, the new high might be around the level of $1.10.

Cardano is trading at $0.9343 at press time.

BNB/USD

Binance Coin (BNB) keeps setting new peaks. The rate of the native exchange token has rocketed by 33% over the past 24 hours.

BNBUSD

BNB/USD chart by TradingView

From the technical point of view, Binance Coin (BNB) might face a short-term decline as the coin is overbought according to the value of the RSI indicator. In this regard, the drop is possible to the closest level at $178.

Binance Coin is trading at $191.86 at press time.

XLM/USD

The rate of Stellar (XLM) has risen slightly since yesterday. The price change has made up 1.16%.

XMLUSD

XLM/USD chart by TradingView

Stellar (XLM) may have finished the correction enough to keep the growth. Respectively, a rise is possible to the previous resistance level at $0.60 within the nearest days.

Stellar is trading at $0.4996 at press time.

DOGE/USD

DOGE is the only coin from the list that is trading in the red zone.

DOGEUSD

DOGE/USD chart by TradingView

Although the rate of DOGE has gone down over the last day, it shows signals of short-term growth. Such a move is supported by the low selling trading volume. If the growth occurs, DOGE may come back to $0.06 soon.

DOGE is trading at $0.051 at press time.

Any financial and market information given on U.Today is written for informational purposes only. Conduct your own research by contacting financial experts before making any investment decisions.

Cryptos feed

Latest Crypto News


Latest Crypto News & Analysis

Editors’ Picks

GRT risks freefall under $1 amid broad-based crypto declines

The Graph is teetering at $1.73 after its uptrend ran into a barrier around $2.9. Declines have been consistent within the confines of a descending parallel channel. Losing the middle boundary support has left GRT bears with open-air to explore.

More Graph News

LINK bulls flee as broadening wedge pattern hints at a 50% drop

Chainlink price nears the end of an ascending broadening wedge pattern that forecasts a 50% drop. Transactional data shows that $17.8 could be an inflection point. If LINK price slices through this support, then a drop to $13 seems likely.

More Chainlink News

XLM poised for massive 27% breakdown, as the technical picture worsens

Stellar has recently been rejected from the yearly high of $0.61. Bulls tried their best to secure higher support but failed in that task. XLM continues with the breakdown below a descending trendline that seems to have confirmed a triangle pattern on the 4-hour chart. 

More Stellar Lumens News

DOGE in trouble as multiple technical indicators scream sell

Dogecoin price hints at a 75% upswing as the bull flag pattern develops. A decisive close above $0.058 would indicate a start of a bullish breakout. Mounting selling pressure could invalidate crucial support at $0.047 and push it down by 20% to $0.037.

More Dogecoin News

BEST CRYPTO BROKERS/EXCHANGES




Bitcoin Weekly Forecast: BTC journey to $100,000 might be easier than expected

This past week has been extremely beneficial for Bitcoin which jumped by 30% since Monday 8. Several positive announcements, especially Tesla purchasing $1.5 billion worth of the digital asset propelled the flagship cryptocurrency to new highs.

Read the weekly forecast

BTC

ETH

XRP