The marketcap has been moving down (-0.31%) since yesterday. The total capitalization is 198 112 482 102 USD.
Bitcoin totals 131 946 732 370 USD of capitalization for a dominance of 66.6%. Ethereum’s marketcap is 15 963 929 383 USD, followed by Ripple with 9 637 321 815 USD.
Bitcoin Analysis
Bitcoin closed lower and is trading at around $7223, still in consolidation. We are at the end of a triangle formation which can lead to a significant movement.
The daily technical situation is rather positive, but uncertain. We have an upward MACD, a slightly upward CCI but a WaveTrends that crossed downward.
Over a time horizon of 4 hours, the technical situation is also quite uncertain.
What to do about it?
Patience is a virtue to be exercised as long as the BTC is in the middle of the range.
- The supports of the day are at 7100$ — 6800$
- The resistances of the day are at 7600$ — 7800$
Ethereum Analysis
ETH closed down and is currently trading at $145.9. As with the BTC, ETH is still evolving in consolidation.
The technical situation is also uncertain with almost flat indicators, despite a WaveTrends that crossed downwards.
Over a time horizon of 4 hours, the technical situation remains uncertain.
What to do about it?
Maintain patience and prepare your important levels well.
- The supports of the day are at 143$ — 140$
- The resistances of the day are at 151.5$ — 157$
Conclusion
Prepare your important levelsand place alerts !
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