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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February 20, 2020 cryptheory

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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!

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

ABBC was followed by :

ICON (ICX) $0,418948 USD (18,82%)

Bytecoin (BCN) $0,000597 USD (14,87%)

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

Aion (AION) $0,134212 USD (12,46%)

Tezos (XTZ) $3,84 USD (10,47%)

The biggest drop was recorded:

MonaCoin (MONA) $2,00 USD (-22,11%)

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.

[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.

[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.

[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.