Table of Contents
Welcome to our crypto market overview 28/9.
In today’s market overview, we will look at the biggest growth and decline from the top 100 coins according to the marketcap. We will take a closer look at Bitcoin’s current growth of $ 500 to values above $ 10,800. We will, of course, be interested in support and resistance. Ethereum looks like a slump where can it fall?
Yesterday, we reached a marketcap value of $ 348 billion. This week we are recording a low of USD 341 billion and a high of USD 347 billion. At Bitcoin, we have a low at $ 10,800 over the same period. High on Bitcoin at $ 10,890. We are currently worth $ 10,890 for one BTC coin. Bitcoin dominance is declining at 57.8%.
Overview of coins from top capitalization yesterday:
Bitcoin (BTC) $10 857,51 USD (0,79%)
Ethereum (ETH) $356,38 USD (-0,87%)
The best growth yesterday was:
Swipe (SXP) $1,73 USD (26,49%)
CyberVein (CVT) $0,145586 USD (17,36%)
Nano (NANO) $0,900087 USD (6,78%)
THETA (THETA) $0,733063 USD (5,44%)
OMG Network (OMG) $3,24 USD (5,37%)
The biggest drop was recorded:
ABBC Coin (ABBC) $0,276759 USD (-13,60%)
Reserve Rights (RSR) $0,011384 USD (-11,65%)
DFI.Money (YFII) $3 289,07 USD (-11,61%)
All data is provided from coinmarketcap.com
World markets overview yeterday:
SP500: 1,6 %. DXI: 0,07 %. GOLD: -0,02 %. DOW J.: 1,34 %.
[BTC / USD] In 2020 to present value: 52,7%
Bitcoin is a cryptocurrency with a worldwide payment system. It is the first decentralized digital currency, as the system operates without a central bank or a single administrator. The latest price per bitcoin (BTC) is $ 10,878.72. Bitcoin is listed on 85 exchanges with a total of 400 active markets. The 24-hour volume of BTC is $ 13,572,854,328, while the market capitalization of bitcoins is $ 201,279,959,068, which ranks it first among all cryptocurrencies.
This week, Bitcoin has found support at $ 10,300 from which it has rebounded to its current value, and investors will want to bring it to $ 11,100 where the resistance lies. If we break $ 11,100, the way is open for bulls to $ 12,000. In the event that we do not break $ 11,100 again, bears will gain strength which will lower the course to $ 10,300 where the nearest short support lies. We see hard support at $ 9,980. If the hard support is broken, the path of bears will open up to below 8,000 USD.
[ETH / USD] In 2020 to present value: 178%
Ethereum is a decentralized platform for applications. Applications based on it can use intelligent contracts – computer algorithms that execute themselves when data is delivered to the platform. No human operators are needed. The latest price for Ethereum (ETH) is $ 357.01. Ethereum is listed on 100 exchanges with a total of 400 active markets. The 24-hour volume of ETH is $ 8,016,314,143, while Ethereum’s market capitalization is $ 40,265,761,610, ranking it 2nd out of all cryptocurrencies.
We are currently watching the emerging third arc cycle on the graph, which indicates what the next weeks will look like. We see the resistance line at 364 USD, from which the ETH should bounce towards the 319 USD support at the latest. Bitcoin, which currently has values above 10,800 USD and resistance at 11,100 USD, also looks like a drop. It also fits the ETH, which is approaching resistance. Bitcoin affects the whole market and when it falls, there will be ETH, which fits into the puzzle of a drop to $ 364.
Thank you for your time and reading crypto market overview 28/9
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