The marketcap has been moving up (+0.02%) since yesterday. The total capitalization is 225 874 023 577 USD.
Bitcoin totals 150 033 371 138 USD of capitalization for a dominance of 66.50%. Ethereum’s marketcap is 19 878 549 637 USD, followed by Ripple with 12 488 350 981 USD.
The Bitcoin closed lower with a doji indicating uncertainty in the market and continues its evolution in range, around 8315$. The Monthly and Weekly are very close.
The daily technical situation is positive. The 3 indicators (MACD, CCI and WaveTrends) are on the rise.
Over a time horizon of 4 hours, the technical situation is rather negative, although the CCI is still on the rise, the MACD and the WaveTrends are on the decline. So there is a time discrepancy.
What to do about it?
The BTC is in a period of consolidation, it remains complicated to trade for the moment.
- The supports of the day are at 8250$ — 7800$
- The resistances of the day are at 8500$ — 8800$
ETH closed up, the shape of the candles indicates an uncertainty of buyers and sellers also. ETH is around $183.65. His Weekly Open and the Monthly Open are also very close.
The daily technical situation is rather positive. The MACD and CCI are up but the WaveTrends is down.
Over a time horizon of 4 hours, the technical situation is rather positive. The CCI is on the rise, as is the WaveTrends. And the MACD is showing signs of recovery.
What to do about it?
ETH evolves in range and we advise you to wait until you see the common role due to their proximity, that the Monthly and Weekly Open will take.
- The supports of the day are at 177$ — 164$
- The resistances of the day are at 196$ — 211$
BTC and ETH start the week by maintaining their consolidation. Place your supports and resistors and be patient. You may also be interested in other corners that may be easier to trade at the moment.
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