Tanya Abrosimova
Independent Analyst
- All major coins are rangebound after the successful start of the week.
- Ripple's XRP is the best-performer with nearly 9% gains on a daily basis.
Cryptocurrency market stays calm after a short period of rebound at the beginning of the week. While the majority of top-20 virtual coins are in green since this time on Monday, the upside momentum is waning amid low volatility. The total value of digital assets has settled at $213B against $212 on Monday.
One Bitcoin is going for $6,401, dangerously close to an important support level. The world's biggest virtual coin stays unchanged since the beginning of Tuesday and down 0.68% on a day-on-day basis.
Ethereum is changing hands at $209.8, unchanged both on a daily basis and since the start of the day. The second largest coin stays within a narrow range, supported by 38.2% Fibo retracement monthly at $207, and capped by Sunday high at $218.
Ripple's XRP is one of the most successful coins out there with nearly 2% gains on Tuesday morning. XRP/UD is changing hands at $0.50 after touching $0.5169 during early Asian hours. On a daily basis, the third largest digital coin gained over 8.8%.
Bitcoin Cash has calmed down after two days of strong growth. BCH/USD is trading at $561 at the time of writing amid decreased volatility and reduced trading volumes. The pumping related to the upcoming fork seems to be over.
TOP-20 leaders and outsiders of the recent 24 hours
- Ripple's coin is the growth leaders with 8.8% gains.
- NEM and NEO have lost 1.2% and 0.9% respectively.
What's going in the crypto universe
Canadian cryptocurrency exchange adds 22 trading pairs with XRP
Bitcoin trading volumes decreased significantly in October
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