Crypto markets pulling back; bitcoin dominance rising, BNB and Cardano falling, BAT getting attention.
Crypto markets have held gains largely thanks to ’s rally yesterday. Total market capitalization remains over $180 billion at the time of writing as eats into the while its dominance climbs to the highest levels this year.
yesterday and spent most of the past 24 hours above it. It has started to pull back now though in early Asian and was sitting around $5,550 this morning. Volume is currently at a weekly high of $16 billion and momentum has remained with which has increased its total market share. Analysts are expecting a pullback but the correction should not be too severe;
Daily Chart.
There are multiple Fib clusters lined up at the 5850 area. Not to mention that it rejected at the 127.2 retrace today. IMO, getting close to a local top. Not saying to sell all out, but if me, I would reduce exposure and see what the correction looks like.
— CryptoFibonacci (@CryptoFib)
has dropped back to just below $170, it did not react with this time and has remained pretty flat over the past week or so. ETH is falling back to last week’s levels as all gains get wiped out.
have not rallied this time around and the top ten is all red today. The biggest two losers are and which have dumped 6 to 7 percent on the day. The rest have slumped 2 to 4 percent as traders move into or back into stablecoins.
There are only a couple of beacons of green in the top twenty at the time of writing. and Tezos have made marginal gains but all those around them have fallen back. , Classic and Ontology have dumped hard dropping over 6 percent each. The rest are losing 3 to 5 percent during early this Wednesday.
FOMO: BAT Back At It
There are no major pumps going on in the top one hundred at the moment but the best performing is Basic Attention after a few days of declines. BAT is up 9 percent on the day to reach an intraday high of $0.45. Brave browser ads have gone live according to the which has driven momentum for BAT again.
Aurora and NULS are making around 8 percent today but there are no double digit gains as most are getting eaten by . The biggest loser today is yesterday’s fomo coin, DigixDAO dropping 17 percent. Digitex Futures and Revain are also getting dumped doubles today.
Total market cap 24 hours. Coinmarketcap.com
Total market capitalization has corrected a little back to $181 billion. Most of have been lost by but is holding on to them at the moment. Market dominance has risen to a four month high of 54.2 percent as controls the markets at the moment.
Published at Wed, 24 Apr 2019 06:19:37 +0000
