Cryptocurrencies Price Analysis : BTC, MIOTA, TRX, ETC, BNB

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Source: Coin360
  • The crypto market has taken a completely opposite turn in today’s financial trading trade. Bitcoin is again on the critical price of $7.2k and looking to break below it. ETH is also suffering heavy price corrections again with the levels dipping below $170.
  • It looks likes the efforts of bulls in overall market conditions are temporary as it is getting faced by major pricing corrections again and again.
  • The overall market capitalization is $207,269,841,028 and volume traded is $145,007,604,985. The overall dominance of BTC remains at 64.3%.

Bitcoin (BTC) Price Analysis

btc
Source: Coin360

BTC is having a roller-coaster price movement since yesterday. The world’s largest cryptoasset provided some relief to the crypto investors by sustaining the price level of $7.3k. It also looked strong to break another crucial level of $7.5k. However, the resistance of $7450 came in between and put a halt on the bullish move. Since then, BTC has been a victim of bearish move again in the market. It has now again on the verge of breaking below $7.2k which is certainly not a good sign. The current price is $7279.13 with the market cap of $133,153,781,035,150 and volume traded of $14,510,350,985. The cryptoasset may find the support level of $7100 if the bears are not that impactful.

IOTA (MIOTA) Price Analysis

iota
Source: Coin360

IOTA is also suffering major price corrections and downtrend in the market. It is facing an overall loss of -2.00% in today’s crypto market. The IOTA/BTC pair is also facing a significant downtrend with an overall loss of -0.15%% with the level of 0.00002396 BTC. IOTA again broke below the support level of $0.17 making it vulnerable to the critical area of $0.10. The current price is at the level of $0.169 with the market cap of $472,642,090 and volume traded of $9,732,834. IOTA still somehow can find another support level of $0.15 which can prevent the crypto asset from any further downfall.

TRON (TRX) Price Analysis

trx
Source: Coin360

TRON is on the critical price area of $0.010 due to the negative momentum in today’s market. It is facing an overall loss of -1.49%. The TRX/BTC pair is also facing a downtrend of -0.76% with the level of 0.00000188 BTC. The current price of tron is at the level of $0.013 with the market cap of $910,587,465 and volume traded of $1,114,568,852. A break below $0.011 will indicate that the altcoin may face further downtrend in the market with a major support level of $0.010.

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Ethereum Classic (ETC) Price Analysis

ETC has broken a crucial support level of $5.80 with a significant downtrend in today’s market. It is facing overall loss of -1.24%. The ETC/BTC pair is aslo facing a significant decline of -1.45% with the level of 0.00078650 BTC. The current price level is $5.70 with a market cap of $ 55,899,249 and volume traded of $1,396,746,024. Breaking below the level of $5.80 has opened up vulnerability of a significant downtrend for the cryptoasset.

Binance Coin (BNB) Price Analysis

bnb
Source: Coin360

BNB has also at its crucial price level of $15.00 in today’s market with a downtrend of -1.25%. The BNB/BTC pair is also facing downtrend of 0.85% with the level of 0.00202066 BTC. The current price is $15.11 with the market cap of $2,352,213,356 and volume traded of $162,090,076. If the overall downtrend in the market continues, the altcoin may break the critical price level of $15.00 any time soon. However, there is still a major support level of $13.00 for the cryptoasset.

The post Cryptocurrencies Price Analysis : BTC, MIOTA, TRX, ETC, BNB appeared first on CryptoSyringe: Cryptocurrency , Bitcoin, Ethereum & Blockchain News.


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