The marketcap has been moving up (0.02) since yesterday. The total capitalization is 205 291 383 155 USD.
Bitcoin totals 136 578 483 208 USD of capitalization for a dominance of 66.4%. Ethereum’s marketcap is 16 737 202 397 USD, followed by Ripple with 9 809 309 354 USD.
Bitcoin Analysis
Bitcoin closed lower and is currently trading at around $7550. Support for the $7,400 is holding up well for the moment and the BTC is back on the rise.
The daily technical situation is rather positive, despite a MACD that is not yet on the rise but is showing signs of recovery.
Over a time horizon of 4 hours, the technical situation is positive, with a WaveTrends that has just increased.
What to do about it?
BTC can decrease a little, but if the level holds, we can hope to see the 8000$.
- The supports of the day are at 7400$ — 6800$
- The resistances of the day are at 8000$ — 8500$
Ethereum Analysis
ETH closed lower and is now at $155. After a rebound to the $150 level, ETH went up.
The daily technical situation is rather positive and remains positive over a time horizon of 4 hours.
If the level holds, we can have a climb for ETH.
- The supports of the day are at 150$ — 140$
- The resistances of the day are at 163$ — 175$
Conclusion
BTC and ETH can be bullish.
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