Market Overview 19.2. | [BTC] + 2.2% [ETH] + 8.5% [XTZ] + 13.43% Bitcoin over $ 10,000 again! ETH and XTZ have a good start

2 min read

February 19, 2020 cryptheory

Table of Contents

Market Overview 19.2. | [BTC] + 2.2% [ETH] + 8.5% [XTZ] + 13.43% Bitcoin over $ 10,000 again! ETH and XTZ have a good start

Today we look at Bitcoin, which again exceeded $ 10,000. Ethereum and Tezoss today in very strong growth.

At present, the crypto market has a total market value of USD 291 billion. Bitcoin yesterday saw growth again above $ 10,000 and it begins to look like a sequel. Bitcoin dominance, however, declines to 62.1%.

The best growth yesterday was:

Decentraland (MANA) $0,068080 USD (24,17%)

MANA was followed by :

Siacoin (SC) $0,003435 USD (23,11%)

Enjin Coin (ENJ) $0,135934 USD (13,98%)

Tezos (XTZ) $3,47 USD (13,43%)

DxChain Token (DX) $0,001484 USD (12,83%)

ABBC Coin (ABBC) $0,107643 USD (12,75%)

All datas are from coinmarketcap.com

[BTC / USD] In 2020 to present value: + 40.44%

Bitcoin again to $ 10,000 (+ 2.2%)! After we were on top of the support at $ 9,500 yesterday, Bitcoin now rejoices at $ 10,000. The graph shows the fractal similarity of growth 1 to point 2. The closest resistance will be again at 10,300 – 10,700 USD. Support will still remain at $ 9,500. But the bulls seem to want resistance, not support again.

[ETH / USD] In 2020 to present value + 48.54%

Like Bitcoin, Ethereum grew in 2020. We have just reached $ 280. The chart shows a reflection of support at 236 USD.

Yesterday, Ethereum reached USD 280 (+ 8.53%). Unfortunately, in this band, as in Bitcoin, we have strong resistance. Bulls hold on very well and both ETH and BTC are still balancing on strong resistance. However bears do not have the power to send it below. Bulls must break through. The Ethereum is waiting for Bitcoin to move, so that it can also grow (meant to grow beyond resistance, not to grow during the year).

[XTZ / USD] In 2020 to present value: +171%

Up to 171% in 2020, this is an appreciation of Tezos. Yesterday added another 13.43% to growth and we rank it among the top 3 biggest growths in yesterday. We are currently at $ 3.33. The closest support is at $ 2.57-2.72. It is hard to say where Tezos has the closest resistance, there is not much technology in this growth.