The marketcap has been moving up (+0.07) since yesterday. The total capitalization is 256 524 068 363 USD.
Bitcoin totals 170 080 521 147 USD of capitalization for a dominance of 66.2%. Ethereum’s marketcap is 19 303 437 773 USD, followed by Ripple with 10 306 987 871 USD.
Bitcoin closed lower, trading around $9335. Resistances and supports remain in place. BTC has rebounded on the $9200 area which is a new area to watch.
The daily technical situation is still positive but becomes negative over a 4 hour time horizon.
What to do about it?
The BTC is consolidating, keep your eyes on the $9200 zone.
- The supports of the day are at 9200$ — 9050$
- The resistances of the day are at 9500$ — 10000$
ETH closed lower after several bullish days and is trading around $174.8.
The daily technical situation is positive but not over a short time horizon.
What can be done?
As usual, the prudent trader will wait for a return to support or resistance.
- The supports of the day are at 173$ — 169$
- The resistances of the day are at 179$ — 189$
The daily technical situation is positive for BTC and ETH
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