Most of the coins have recovered after a recent sharp drop of the market. XRP is the only loser from the list, falling by 1.17%.
The important statistics for Bitcoin (BTC), Cardano (ADA), Binance Coin (BNB) and Litecoin (LTC):
|
Name |
Ticker |
Market Cap |
Price |
Volume (24h) |
Change (24h) |
|
Bitcoin |
BTC |
$1,028,785,568,302 | $57,944.95 | $3,590,364,854,526 | 4.54% |
|
Cardano |
ADA |
$44,484,251,965 | $1.43 | $22,662,230,330 | 14.24% |
|
Binance Coin |
BNB |
$40,848,410,142 | $265.26 | $2,678,795,050 | 5.06% |
|
Litecoin |
LTC |
$13,404,094,321 | $202.05 | $3,724,825,660 | 1.88% |
BTC/USD
Yesterday, buyers tried to restore the pair to the resistance of $58,000. In the first half of the day, they could not break above $56,400. Late in the evening, bulls formed a powerful impulse, which allowed the Bitcoin (BTC) price to overcome the resistance of $58,000 and gain a foothold in the area of $59,000.
A rollback is possible this morning. If the price holds above $58,000, then the recovery will continue to the area of $60,000.
If bears push through $58,000, then the pair might return to the area of average prices ($56,400).
Bitcoin is trading at $57,840 at press time.
ADA/USD
Cardano (ADA) is the biggest gainer today. The rate of the altcoin has increased by 14.24% since yesterday.
Despite the sharp growth, the rise may continue as the coin has accumulated enough power. In this case, possible bearish pressure may accumulate in the area of $1.54.
Cardano is trading at $1.43 at press time.
BNB/USD
Binance Coin (BNB) is the second biggest gainer today as the rate of the native exchange coin has gone up by 5%.
After a false breakout of the $300 mark, the altcoin is about to restest it within the next few days. Thus, the value of the RSI indicator has not reached the overbought zone, which means that a rise is more likely than a drop.
BNB is trading at $264.90 at press time.
LTC/USD
The rate of Litecoin (LTC) has not shown such enormous growth as Cardano (ADA). The price of "digital silver" has risen by 1.88% over the past 24 hours.
On the daily chart, Litecoin (LTC) is slightly approaching the first resistance at $208. From the technical point of view, LTC can break it and rise to the area around $227 where sellers might seize the initiative in the short-term perspective.
Litecoin is trading at $202 at press time.
Gamza Khanzadaev
Godfrey Benjamin
Arman Shirinyan