The marketcap has been moving down (-1.46%) since yesterday. The total capitalization is 147 418 880 516 USD.
Bitcoin totals 93,586,482,654 USD of capitalization for a dominance of 63.50%. Ethereum’s marketcap is 12 391 041 633 USD, followed by Ripple with 6 281 472 420 USD.
Bitcoin Analysis
Bitcoin closed higher, trading around $5124. The BTC is struggling to break above $5600.
The daily technical situation is rather negative but with signs of bullish recovery.
What to do about it?
If the BTC stays at this level, the scenario will be bearish.
- The supports of the day are at 4350$ — 3596$
- The resistances of the day are at 5650$ — 6000$
Ethereum Analysis
ETH closed higher in inverted hammer form and is trading around $112.
The daily technical situation is negative, and remains rather negative under a time horizon of 4 hours.
What can we do about it?
The situation is still uncertain, the cautious trader will stay away from ETH for now.
- The supports of the day are at 100$ — 85$
- The resistances of the day are at 136$ — 123$
Conclusion
The daily technical situation is negative for ETH and BTC.
You can join us on Telegram for a follow-up of the market throughout the day.
For any question, our team will be happy to answer you on our support which is open 7/7 days.
For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.
