The marketcap has been moving up (0.67%) since yesterday. The total capitalization is 198 661 653 183 USD.
Bitcoin totals 132 329 023 313 USD of capitalization for a dominance of 66.5%. Ethereum’s marketcap is 16 180 747 919 USD, followed by Ripple with 9500581 909 USD.
Bitcoin Analysis
The price has not changed much since yesterday and still varies around 7300$.
The liquidity zone does act as a support for the moment, but this does not mean that we have seen a significant rebound for the moment.
As long as the price remains at this level, the feeling remains positive for the coming days.
From a technical point of view, there is nothing important to report. The indicators are in an over-sold zone but have again crossed downwards, which can be seen in small price waves.
What to do about it?
Wait and see
- The supports of the day are at 7100$ — 6800$
- The resistances of the day are at 7800$ — 8000$
Ethereum Analysis
Same situation as its counterpart, ETH evolves laterally in a support area.
If you return to position, don’t forget to place your stop loss.
- The supports of the day are at 150$ — 123$
- The resistances of the day are at 166$ — 170$
Conclusion
BTC and ETH can be bullish in the medium term! If you return to position, don’t forget to place a stop loss!
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