- The overall market conditions have taken a positive turn on Monday’s market session as BTC resumes its bullish momentum by crossing above $18500 and Ethereum strongly targeting $600
- The total market capitalization has reached $553.25B resulting in an increase of 4.06% over the day
- The total crypto market volume over the last 24 hours is $150.63B resulting in a decline of -4.66% over the day
- The dominance of the crypto king slips -0.12% over the day bringing the current level down to 61.96%
BTC/USD
After reaching a two-year high above $19k, BTC faced strong retracement in the market and fallen below $17K. However, after reaching the major support level of $16400 on the downside, the price levels were able to revive its positive momentum and regain the lost levels by climbing above $18k again. The CMP is now placed at $18511.37 with an overall gain of 3.93%, bringing the market capitalization to $342,544,105,094, and the 24-hour volume traded to $32,259,950,255. On the upper levels, BTC will be facing significant resistance placed at $19500.00
ETH/USD
Ethereum made it to the top performer’s list on Monday’s market session by having an overall gain of 7.71% over the day. The CMP is now placed at $582.34 bringing the market capitalization to $66,093,924,084 and the 24-hour volume traded to $16,148,226,257. The ETH/BTC pair is also performing positive with an overall gain of 3.47%, bringing the current level to 0.03153288 BTC. The price levels will be facing minor resistance at $600, followed by the major resistance at $630.00.
XRP/USD
XRP price levels generated multi-support levels on Monday’s market session resulting in a positive performance of 1.50% over the day. The CMP is now placed at $0.624963 bringing the market capitalization to $28,321,569,790 and the 24-hour volume traded to $15,795,379,524. However, the XRP/BTC pair still trades negative with an overall loss of -1.77%, bringing the current level down to 0.00003387 BTC. The price levels bounced back sharply from $0.58 and $0.60 respectively, which could be acting as new support levels for the token.
LINK/USD
Chainlink price levels attempted for a positive crossover against the minor resistance level of $14.00 on Monday’s market session. The CMP is now placed at $13.90 with an overall gain of 6.77%, bringing the market capitalization to $5,504,851,501 with the 24-hour volume traded of $1,406,246,494. The LINK/BTC pair is also performing positive with an overall gain of 3.00%, bringing the current level to 0.00075584 BTC. The price behaviour of LINK around the minor resistance of $14.00 will be advised for a little caution for the investors in the upcoming trading sessions.
BCH/USD
Bitcoin Cash provided strong bullish signals on Monday’s market session after breaking above the significant resistance level of $280.00. The CMP is now placed at $288.95 with an overall gain of 4.39%, bringing the market capitalization to $5,348,185,059, and the 24-hour volume traded to $2,358,318,583. The BCH/BTC pair is also performing positive with a marginal gain of 0.16%, bringing the current level to 0.01558727 BTC. If the coin sustains the current positive momentum, it will be targeting the crucial bullish mark of $300.00 by the end of the year.
LTC/USD
Litecoin also made to the top performer’s list on Monday’s market session by having a significant overall gain of 6.77%. The CMP is now placed at $79.00 bringing the market capitalization to $5,221,133,799 and the 24-hour volume traded to $5,206,250,427. The LTC/BTC pair is also performing positive with an overall gain of 3.34%, bringing the current level to 0.00428609 BTC. A positive, sustainable breakout above $80.00 can enhance the emergence of the bulls.
BNB/USD
Binance coin also performed positively with the help of bullish overall market conditions in the market session. The CMP is now placed at $30.12 with an overall gain of 3.50%, bringing the market capitalization to $4,349,402,860 and the 24-hour volume traded of $348,981,020. The BNB/BTC pair is still facing minor negative momentum with a marginal loss of -0.33%, bringing the current level to 0.00163128 BTC.
DOT/USD
By forming strong support at $4.80, Polkadot was able to have a significant positive bounce back in the levels on Monday’s market session by surging almost 12.00%. The CMP is now placed at $5.44, bringing the market capitalization to $4,752,278,912 with the 24-hour volume traded to $505,149,752. The DOT/BTC pair is also performing positive with an overall gain of 6.03%, bringing the current level to 0.00029188 BTC.
ADA/USD
Cardano attempted for a positive breakout above the minor resistance placed at $0.17 on Monday’s market session. The CMP is now positioned at $0.168683 with an overall gain of 6.01%, bringing the market capitalization to $5,220,733,441 and the 24-hour volume traded of $1,847,867,313. The ADA/BTC pair is also performing positive by 1.07%, bringing the current level to 0.00000909 BTC.
BSV/USD
After touching the critical support level of $155.00 on the downside, BSV can perform positively from the past couple of days bringing the CMP to $175.00 with an overall gain of 5.65%. However, the price levels still face a general loss of -3.40% on the weekly chart suggesting that the price levels still had plenty of room for improvement. The BSV/BTC pair is also performing positive with an overall gain of 1.02%, bringing the current level to 0.00942125 BTC.
