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Market overview 20/02 | [BTC] + 2.5% [ETH] + 1% [XRP] + 1.5% [LTC] + 1.1% The market is preparing to move!

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Market overview 20/02 | [BTC] + 2.5% [ETH] + 1% [XRP] + 1.5% [LTC] + 1.1% The market is preparing to move!

overview of terms

The market is preparing to move! Yesterday, we more or less added only slight growth, but according to Bitcoin we are preparing for a possible greater growth. Ethereum is almost on top. Ripple and Litecoin grow slower, but still.

 

At present, the crypto market has a total market value of USD 295 billion. Yesterday, Bitcoin saw growth again above $ 10,000. Bitcoin dominance, however, declines to 62.4%.

 

The best growth yesterday was:

ABBC Coin

 

ABBC Coin (ABBC) $0,134617 USD (24,03%)

 

ABBC was followed by :

ICON

 

ICON (ICX) $0,418948 USD (18,82%)

 

Bytecoin

 

Bytecoin (BCN) $0,000597 USD (14,87%)

 

Algorand

 

Algorand (ALGO) $0,384406 USD (14,38%)

 

Aion

 

Aion (AION) $0,134212 USD (12,46%)

Tezos

 

Tezos (XTZ) $3,84 USD (10,47%)

 

The biggest drop was recorded:

MonaCoin

 

MonaCoin (MONA) $2,00 USD (-22,11%)

 

Swipe

 

Swipe (SXP) $1,25 USD (-3,32%)

 

All datas are from coinmarketcap.com

 

[BTC / USD] In 2020 to present value: +42.53%

 

Bitcoin again at $ 10,000 (+ 2.4%)! After we were on top of the support at $ 9,500, 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. Support will still remain at $ 9,500. But the bulls seem to want resistance, not support again.

 

Market overview 20/02 | [BTC] + 2.5% [ETH] + 1% [XRP] + 1.5% [LTC] + 1.1% The market is preparing to move!

 

[ETH / USD] In 2020 to present value: +118.03%

 

Ethereum returned to $ 280 yesterday. We are back on resistance and if Bitcoin does not fail, Ether can continue to grow to $ 330, where we have resistance. We will monitor support again at $ 235.

 

Market overview 20/02 | [BTC] + 2.5% [ETH] + 1% [XRP] + 1.5% [LTC] + 1.1% The market is preparing to move!

 

[XRP / USD] In 2020 to present value: +54.03%

 

Along with market growth after a slight slump, XRP returned to its resistance at $ 0.30. We have met this resistance many times in the past. If Bitcoin starts to grow, XRP can grow, even up to $ 0.38.

 

Market overview 20/02 | [BTC] + 2.5% [ETH] + 1% [XRP] + 1.5% [LTC] + 1.1% The market is preparing to move!

 

[LTC / USD] In 2020 to present value of +105.43%

 

Litecoin, which has grown by 105% and is currently at 77.3 USD, is doing well in 2020. As you can see on the chart, we are just at a resistance of 73-78 USD. This is likely to be an area where the LTC will stop shortly in growth, but I have no doubt that we will get above $ 100 a piece at least once a year.

 

 

Current prices

 

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

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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