- The overall market conditions continue to provide mixed sentiment for the second consecutive day as BTC avoids any significant change in the price levels and Ether price levels feeding on negative BTC dominance.
- The overall market capitalization has reached $447.97B resulting in an increase of 0.47% over the day
- The total crypto market volume traded over the last 24 hours is $110.03B resulting in a decline of -11.885 over the day
- The crypto king’s dominance continues to show negative momentum with a decline of -0.22% over the day, bringing the current level to 63.89%.
BTC Remains Consolidated For Second Consecutive Day; Ether Bouncing to $460.00 Feeding on Weaker BTC Dominance; Altcoins Continues to Provide Mixed Sentiments
Bitcoin has declined to show any significant changes in the price levels for the consecutive second trading sessions. However, the consolidation of the price levels has resulted in the negative performance of its dominance. Ethereum might be capitalizing on this cynical move and could have a positive breakout above $450.00. The price levels must sustain above the mark to test the resistance mark of $470.00 again. On the other hand, Altcoins continues to provide mixed sentiments in the market by performing sideways.
Bitcoin Price Predictions
Bitcoin price levels are resisting to show any significant change in the price levels and currently looking to sustain above the support point of $15200.00. The CMP is placed at $15428.15 with a marginal gain of 0.47% bringing the market capitalization to $286,012,667,952 and the 24-hour volume traded to $27,628,876,469. BTC dominance’s negative performance might be the reason for the ongoing consolidating activity for the price levels. However, the world’s largest crypto asset’s positive sentiment is still prevailing in the market as it sustains above $15k.
Ethereum Price Predictions
Ethereum has finally provided a significant positive breakout above the crucial mark of $450.00, providing bullish signals in the market. The CMP is now placed at $456.00, with a marginal gain of 0.78%. The bullish rally made a peak point of $465.00 from where it retraced back. The market capitalization has reached $51,700,788,355 with a 24-hour volume traded of $14,093,953,380. The ETH/BTC pair is also performing positive with a gain of 0.865, bringing the current level to 0.02958123 BTC.
Litecoin Price Predictions
Litecoin provided a positive breakout above the crucial mark of $60.00 on Wednesday’s market session; however, it could not hold the levels above the mark resulting in the downfall. The CMP is now placed at $59.05 facing a marginal loss of -0.39% bringing the market capitalization to $3,887,038,441 with the 24-hour volume traded to $2,633,944,904. The LTC/BTC pair has also turned negative, facing a marginal loss of -0.43%, bringing the current level to 0.00382909 BTC. The price levels need to achieve stability above the crucial mark of $60.00 for making a significant recovery action in the upcoming trading sessions.
Ripple Price Predictions
The price movement of XRP from the past couple of days has been volatile as the levels were able to provide a positive breakout above the resistance point of $0.260 with positive fundamentals of buy-back of tokens by Ripple kicking in the market. However, the bullish rally had a peak point of $0.265 and drastically retraced back-breaking below $0.260. The negative reversals have forced the current levels to turn negative while facing an overall loss of -1.88%, bringing the CMP to $0.256. The market capitalization has reached $11,604,025,095 with a 24-hour volume traded of $3,156,241,093. The XRP/BTC pair has also turned the negative facing a loss of -2.26%, bringing the current level down to 0.00001661 BTC.
Chainlink Price Predictions
Chainlink price levels are looking for a cool-off after making a significant bullish rally resulting in a positive breakout above the resistance level of $13.00. The CMP is now placed at $13.02 with an overall gain of 1.04%, bringing the market capitalization to $5,097,907,500, and the 24-hour volume traded to $1,639,786,836. The LINK/BTC pair is also performing positive with a marginal gain of 0.78%, bringing the current level to 0.00084473 BTC. The price levels must sustain above the crucial mark of $13.00 for avoiding any sharp negative divergence in the upcoming trading sessions.