December 3, 2020

Cryptheory

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Market overview 13.2. | [BTC] + 5% [ETH] + 14% [XTZ] + 23.91% [XRP] + 9.78% [EOS] + 8.48% Markets exploded, looks like bull market 2017 ?!

3 min read
Market overview 13.2. | [BTC] + 5% [ETH] + 14% [XTZ] + 23.91% [XRP] + 9.78% [EOS] + 8.48% Markets exploded, looks like bull market 2017 ?!

overview of terms

From yesterday to today, the markets exploded after the second day Bitcoin continued to grow. Overall, the reflection came on Bitcoin from 9 700 USD and currently we are already above 10 400 USD. Today, therefore, we will see how the selected altcoins such as Ethereum, Tezos, Ripple, EOS have taken advantage of this growth.

 

At present, the cryptomarket has a total market value of USD 301 billion. So yesterday we set a new high for 2020. Yesterday Bitcoin added 5.29% on growth and it sent almost the whole market to green numbers. BTC dominance declines to 62.5%.

 

The best growth yesterday was:

Hedera Hashgraph

 

Hedera Hashgraph (HBAR) $0,046471 USD (126,92%)

 

HBAR was followed by :

Blockstack

 

Blockstack (STX) $0,203672 USD (31,92%)

 

Terra

 

Terra (LUNA) $0,299710 USD (27,30%)

 

Tezos

 

Tezos (XTZ) $3,28 USD (23,91%)

 

Nervos Network

 

Nervos Network (CKB) $0,008304 USD (23,78%)

 

Bytecoin

 

Bytecoin (BCN) $0,000362 USD (21,36%)

 

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

KickToken

 

KickToken (KICK) $0,000354 USD(-33,08%)

 

Synthetix Network Token

 

Synthetix Network Token (SNX) $0,915413 USD(-10,18%)

 

Lisk

 

Lisk (LSK) $2,01 USD(-4,83%)

 

All datas are from coinmarketcap.com

 

[BTC / USD] In 2020 to present value: +46.98%

 

Bitcoin showed a growth of 5% yesterday. This growth was also used by altcoins, which grew in tens of%, while the same day they grew. Looking at the whole market today came to mind the idea that it looked like this in 2017 (of course, we are somewhere else). We see the closest support at $ 9,550. The resistance started at $ 10,300, where we are currently. This resistance will range up to USD 10,700. Breaking this resistance opens the way to $ 11,800 per bitcoin. But beware of the possibility of filling the cup and handle pattern, which we have drawn from 8 200 USD and which predicted growth to current values.

 

Market overview 13.2. | [BTC] + 5% [ETH] + 14% [XTZ] + 23.91% [XRP] + 9.78% [EOS] + 8.48% Markets exploded, looks like bull market 2017 ?!

 

[XTZ / USD] In 2020 to present value: +152%

 

Up to 152% in 2020, this is an appreciation of Tezos. Yesterday added another 23.91% growth and we rank it among the top 3 biggest growths yesterday. We are currently at $ 3.33. The closest support is at $ 2.57-2.72.

 

[ETH / USD] In 2020 to present value: +103%

 

Ethereum’s last days is at an incredible pace, as if he wanted to get back to the top in 2019. Yesterday he added up to 14% on growth and the highest value in 2020 to 257 USD per piece. Overall, we exceeded the appreciation in 2020 by 100%. It is an important milestone for ETH. The current situation on the chart is similar to parabolic growth, but all the more dangerous is to think about entering ETH at this point. The graph as well as RSI show very strong bullish momentum. We see the closest resistance at $ 269, this is the penultimate resistance to reach a new high in almost a year and a half. Top in 2019 was achieved by the body to 322 USD. The current support will be the $ 216-230 zone.

 

Market overview 13.2. | [BTC] + 5% [ETH] + 14% [XTZ] + 23.91% [XRP] + 9.78% [EOS] + 8.48% Markets exploded, looks like bull market 2017 ?!

 

[XRP / USD] In 2020 to present value: +57.47%

 

Yesterday, XRP came to $ 0.30 after a resistance, adding 9% to yesterday. As you can see in the graph, we have completed the cycle and investors have to decide whether to continue to grow or to complete the cycle. At the moment we are still in the resistance zone, if we overcome it above $ 0.30, we can grow to $ 0.33. The closest support is at $ 0.268.

  

Current prices

[crypto coins=”BTC,ETH,XRP,XTZ” columns=”2″]

 

Thank you for taking the time to analyze today.

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