The marketcap has been moving up (+5.75%) since yesterday. The total capitalization is 216 995 729 701 USD.
Bitcoin totals 138 708 912 014 USD of capitalization for a dominance of 63.90%. Ethereum’s marketcap is 20 947 970 743 USD, followed by Ripple with 8 629 953 302 USD.
Bitcoin Analysis
Bitcoin closed higher, trading around $7,570 after being pushed back from $7,800.
The daily technical situation is positive and remains positive in 4 hours.
What to do about it?
A new test of the $7,800 is possible but if the $7,500 level doesn’t hold we could test the $7,300 support. Be prepared for these different scenarios and stay tuned.
- The supports of the day are at 7500$ — 7300$
- The resistances of the day are at 7800$ — 8200$
Ethereum Analysis
ETH closed higher and is trading around $189.
The daily technical situation is positive and also remains positive in 4 hours.
What to do?
ETH tested the $193 resistance before being pushed back and stagnating at $189. A retest of the $193 is possible.
- The supports of the day are at 185$ — 177$
- The resistances of the day are at 193$ — 209$
Conclusion
The daily technical situation is positive for ETH and BTC.
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