November 27, 2020

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Market overview 12.2. | [BTC] + 3% Bitcoin over $ 10,000 again [ETH] + 6% new high 2020 [LINK] + 13.38%

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Market overview 12.2. | [BTC] + 3% Bitcoin over $ 10,000 again [ETH] + 6% new high 2020 [LINK] + 13.38%

overview of terms

Yesterday, Bitcoin again got above $ 10,000. Ethereum created a new high of 2020, following resistance at 270 USD. LINK had a conference yesterday and added over 13% growth.

 

At the moment, the cryptomarket has a total market value of $ 292.33 billion. So yesterday we set a new high for 2020. Bitcoin yesterday added 3.19% on growth and it sent almost the whole market to green numbers. BTC dominance declines to 63.2%.

 

The best growth yesterday was:

Hedera Hashgraph

 

Hedera Hashgraph (HBAR) $0,031842 USD (64,90%)

 

HBAR was followed by :

Terra

 

Terra (LUNA) $0,305665 USD (36,72%)

 

Quant

 

Quant (QNT) $5,18 USD (20,63%)

 

DxChain Token

 

DxChain Token (DX) $0,001199 USD (14,50%)

 

Chainlink

 

Chainlink (LINK) $3,82 USD (13,77%)

 

Basic Attention Token

 

Basic Attention Token (BAT) $0,293548 USD (12,77%)

 

The biggest loss from the top 100 Market Cap yesterday was:

KickToken

 

KickToken (KICK) $0,000361 USD (-52,61%)

 

Molecular Future

 

Molecular Future (MOF) $1,16 USD (-10,80%)

 

All datas are from coinmarketcap.com

 

[BTC / USD] In 2020 to present value: +43.49%

 

The BTC price yesterday made a small correction and subsequently a large pump over $ 10,000. Is it likely that bull dynamics will continue? Let’s look at the graphs and see what could happen next.

 

Market overview 12.2. | [BTC] + 3% Bitcoin over $ 10,000 again [ETH] + 6% new high 2020 [LINK] + 13.38%

 

Many bitcoin traders waited for the price to drop to $ 9,550 in support. Instead of a further decline, the price stabilized at USD 9,750 and continued its upward pace. The current price action still looks good and bitcoins have not broken under another massive resistance. Another obstacle, however, is the $ 10,300 area where bitcoins are currently resisting.

 

[ETH / USD] In 2020 to the current value: +83.97%

 

Yesterday we created a new high for 2020, reaching $ 239. Yesterday we grew by 6% and growth is slowly but surely approaching 100% this year. Looking at the graph, we conclude that we have reached an area of ​​resistance that ranges from $ 222 to $ 235. Even with these values ​​we still have not won, bulls can created pull back and get back into the resistance area. If the bulls continue, we see the following resistance at 271 USD. We see support at $ 194. In recent weeks, ETH has been attracting much attention.

 

Market overview 12.2. | [BTC] + 3% Bitcoin over $ 10,000 again [ETH] + 6% new high 2020 [LINK] + 13.38%

 

[LINK / USD] In 2020 to present value: +120%

 

You see much less on LINK than on top in 2019. We have completed a huge triangle and yesterday’s 13% growth benefits from the fundaments – 12.02 in Denver will be a conference on the new design of the blockchain ecosystem and how Chainlink integrates into it. The current value is $ 3.83. In 2019, we were at peak values ​​of $ 4.81. 2020 is still a successful year for LINK, with up to 120% growth. In this case, we expect new high values ​​in 14 months?

 

Market overview 12.2. | [BTC] + 3% Bitcoin over $ 10,000 again [ETH] + 6% new high 2020 [LINK] + 13.38%

 

Thank you for taking the time to analyze today.

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