The crypto markets recover again today as yesterday’s pullback ended with not much blood as expected. The crypto board is back to green again today and is moving up slowly this Saturday. The top assets are now trying to get back to their range after the dump and are looking for a new direction.
The market capitalization is now at $172.8 Billion, $2.8 Billion more than yesterday. The trading volume continues to sink though which may be an indicator of the market slowing down and is still unsure of where to go. The BTC dominance is a notch down at a flat 52.0%.
After the drop below $5k yesterday that sent the Twittersphere panicking, Bitcoin is moving back up today and is now at $5092, up by 0.95%. The current resistance is at $5120. If this is conquered, the next level to break is at $5360. On the downside, the support is at $5056, the previous resistance.
Ethereum is on a waiting game with the rest of the market and has stayed under $165 for the past 24 hours. It is trading at $164.84 at the time of this writing with a 0.68% gain on the day. Ethereum is supported at $161 while the next resistance is at $175. XRP remains stuck on the lower range and is currently at $0.328 at the time of this writing. It has earned 0.79% on the day and needs to cross $0.331 to be able to move back up.
The rest of the Top 10 is mostly green at the time of this writing. Binance Coin is leading with a 4.63% gain and exchanging hands at $18.41. Bitcoin Cash has made a bid for the fourth spot on the market cap list and has earned as high as 7% on the day before falling back to 2.30% gain to trade at $278.57 at the time of this writing. Cardano is trying to get back up as well an nd has earned 2.26% on the day but is still on the 10th spot at the time of this writing. EOS, Stellar, and Tron are still holding back and has not made much movement for the past 24 hours.
The Top 25 have Basic Attention Token taking the lead this Saturday with a 10.52% gain on the day. NEM follows with a 5.43% gain on the day while Ontology. Dogecoin, and VeChain are greening between 2-3%. Monero is the only one losing on the Top 25 today with a -1.81% loss.
Down the Top 100, the Top performer is GXChain with a 17.71% surge to the 72nd spot on the market cap list. Aurora is back on the pump list with an 11.19% gain. On the other end, Crypto.com Chain is suffering a huge dump at -21.86% after a pump yesterday.