The crypto market shows a retracement with decreasing volume today. According to CoinMarketCap, the total crypto market cap has slipped to $129 billion as of 18:00. The total trade volume was $38 billion.
Most of the top 100 experience drops. Of the top 100, we saw a surprising upside from with 17.44%, followed by that posted a gain of 7.68%. As for the downside, posted a loss of -21.34%, followed by that has dropped -18.13%.
As of press time,
’s share of the crypto market currently amounts to , with a total market cap of $67.4 billion. Daily trade volume accounts for $10.7 billion.
ETH accounts for 11.31% of market share with a total market cap of $14.6 billion. The 24-hour volume at $6 billion.
XRP market capitalization is at $12.5 billion, accounting for 9.68% of market share with the volume of 980 million.
Mainstream Analysis
is consolidating around $3800 after yesterday’s sharp reversal. The 1-day candlestick stabilizes at the 20-day moving average in the short term. Investors should observe the trend within $3900-$3750 and consider short positions at resistance level after rebounds.
ETH
ETH stabilizes above $135 after experiencing sharp drops and breaking several average support levels yesterday. Investors should observe the trend within $140-$142. Investors should consider short positions at resistance level.
Daily Opportunity
E0S
experienced a sharp drop yesterday, breaking the support price of $0.3850. Prices are consolidating around the support level of $3.55. Investors should observe the trend within $3.850-$3.510.
Disclaimer
The information found in this article is based on actual facts and figures, and analysed with an objective lens. It is NOT intended to be advice, recommendation or invitation to trade, and the company does not guarantee any results based on the content of this article. Any losses shall be bourne by the users of this article at all costs.
Published at Mon, 25 Feb 2019 12:19:16 +0000
