The worlds #1 based on market capitalization is on the rise again, eliminating the negative impact on last week’s price losses. Other , however, did not follow ’s path and global leaders such as (XRP) and (BNB) lost some of their ground.
The 58-percent dominant has been struggling with finding support zones at around $5,700, but following support on $5,800 on May 8th, is constantly making gains, reaching $6,300 as of press time. The price increase gave a ten-percent spike over past week’s prices
Bulls are setting in, data shows. Strong support zones are forming at $6100, $6000 and $5800. Resistance is minimal so that HODLers can expect a further round of price increase.
The rise in volumes also indicates a possible price increase. More than $18,5 billion worth of is shifted over the past 24-hour time span.
’s dominance is also increasing, weakening the positions on . is up 3,70 percent from last week to trade at $171,97 as of press time. Other are in the red — lost 3,7% to trade at $0.297, (XLM) dropped 10 percent in the past seven days to be now traded at $0.98. One of the big losers is (XTZ) — the coin lost 13 percent of its price during the past week, now at $1.13.
Published at Fri, 10 May 2019 13:27:05 +0000
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