- General market conditions did not show any significant momentum in Tuesday’s market session as Bitcoin appears to hold above the support level of $ 15,200 and Ether seeks a positive sustained breakout above $ 450.00
- Global crypto market cap has hit $ 441.02 billion, down -0.66% for the day
- The total volume traded on the crypto market in the past 24 hours is $ 122.31 billion, an increase of 20.62% over the day
- The dominance of the crypto king decreases by -0.22% over the course of the day and is currently 64.18%
The general market conditions are creating mixed moods
Bitcoin’s price level has developed a support point at $ 15,200.00 in the past few days as it has been able to avoid falling below the level. On the flip side, Ethereum was unable to maintain stability above the crucial $ 450.00 mark. Altcoins moved sideways in Tuesday’s market session as coins like Chainlink, Cardano, Tezos, etc. showed positive performance while coins like EOS, Bitcoin SV and Binance Coins showed negative performance.
Bitcoin price predictions
Bitcoin’s intraday chart underscores the price level’s attempt to retest the $ 15,800.00 resistance point. BTC again faced negative reversals from the resistance point, resulting in a negative breakout below the crucial $ 15,000 mark. However, the price level quickly revived its purchase volume and rose above the mark. Currently, the price levels form a support point around $ 15,200.00. The CMP is at $ 15388.49 with a total profit of 0.49%, bringing the market cap to $ 285,277,413,479 and the 24-hour trading volume to $ 34,988,390,946.
Ethereum price predictions
Ethereum is aiming for a positive, sustained breakout above the crucial $ 450.00 mark at Tuesday’s market session. The ETH / BTC pair also performed well with a total gain of 0.87%, bringing the current level to 0.02934469 BTC. Current levels are facing major resistance at $ 470.00 with minor support points at $ 430.00. The CMP will be placed at $ 452.59 with a market cap of $ 51,308,408,592 and a 24-hour trading volume of $ 14,415,715,193. A sustained price movement above the crucial $ 450.00 mark will help the crypto-asset retest the aforementioned resistance point.
Litecoin price predictions
The Litecoin price level failed to hold above the crucial $ 60.00 mark, causing it to decline. The current price levels are below the mark and are trading negatively with a marginal loss of -0.86%. The CMP will be placed at $ 59.39, with a market cap of $ 3,911,153,389 and a 24-hour traded volume of $ 2,745,986,607. The negative performance of the LTC / BTC pair could raise significant price level concerns as it posted a loss of -1.635, bringing the current level to 0.00385124 BTC.
Ripple Price Predictions
Ripple was able to revive its positive momentum and is currently testing the resistance level of $ 0.260 with the CMP of $ 0.259898 with an overall gain of 4.15%. The positive rebound may be the result of Ripple buying back $ 46 million worth of XRP in the third quarter of 2020. The XRP / BTC pair also performed significantly positively with a total gain of 3.09%, bringing the current level to 0.0001688 BTC. The market capitalization is $ 11,775,278,937, the 24-hour volume is $ 3,495,559,647. If the levels can have a sustained break above $ 0.260, we could expect XRP to trigger significant price rally.
Chainlink price predictions
Chainlink broke the resistance level of $ 13.00 with a significant upward movement of 6.02%. The CMP is now placed at $ 13.14, bringing the market cap to $ 5,143,139,697 and the 24-hour volume to $ 1,856,692,672. The LINK / BTC and LINK / ETH pairs did well with a total gain of 5.82% and 4.84%, respectively. The levels dipped quickly from $ 13.40 during the previous bullish attempt and are the levels to watch out for.