It’s another green day in the crypto world, although the price hike appears to be slowing somewhat. Thus it is the weekend, although trading volume continues to rise significantly for the time being. Because Bitcoin (BTC) Yesterday it broke out and rose faster than expected, and the sentiment is starting to get more positive again.
Meanwhile, it seems that some Altcoins Already a little Fear of losing (FOMO). This is also noticeable in our discord The environment, where the latest price analysis is shared. Total market value of all Cryptocurrency It rose 1.7% in the past 24 hours to $1.09 trillion.
Daily market overview
Market Cap: $1.11 + 3.05%
24-hour trading volume: 48.80 billion + 1.87%BTC dollars Dominance: 37.23 billion + 2.42% ⬆️
Fear and Greed Index: 28 ⬆️ Feelings of fear. Most projects in profit# bitcoin BTC dollars ETH dollar
– Information Technology (IT_Tech_PL) September 10, 2022
Bitcoin price up 3.3%
The Bitcoin price It fell to $18,600 on Wednesday, but started to rise sharply yesterday morning. That led to a high of $21,600 this morning, but the price has yet to break out.
A lot of resistance was already expected around $21,500. This is because there is a large amount of (whale) requests and a 50-day exponential moving average. However, Bitcoin is up 3.3% today and its price is up from $21,350 Binance and 21,250 euros in bitvavo.
Bitcoin is heading towards resistance. $50 million on orders between $21,300~$21,500.
– Marton (@JA_Maartun) September 9, 2022
Ethereum Merge Approaching
Ethereum (ETH) It peaked at $1,740 this morning, its highest price in weeks, but it has failed to break so far. Despite this, the price of Ether settled above $1,710 this morning and is currently rising towards $1,720. This means that ETH is up 1.7% today.
Meanwhile, the so-called “merging” is getting closer and closer. Even Google, meanwhile, has a timer:
Google knows what consolidation is!
– DavidHoffman.eth 🦇🔊🏴 (TrustlessState) September 9, 2022
Cardano is rising faster than the top ten
Cardano (ADA) It is the fastest among the largest cryptocurrencies today. The ADA peaked around $0.524 this morning, but has fallen to $0.513 at the time of writing. Despite this, the ADA is up 4.2% today. As with Ethereum, this may come with a future hard fork to make. The Vasil update is getting closer and closer
– Crypto Insiders (CryptoinsidersS) September 10, 2022
LUNA Rise 200% per day
The most striking of the top 100 races are of course the Terra (LUNA) and the Terra Luna Classic (LUNC). LUNC is still 250% higher than it was two weeks ago, but is down 17% today.
On the other hand, the price of the new LUNA device increased by 195% in one day! Volume seems to be skipped from LUNC to LUNA and up to 1:1.
Be very careful with this. Whales seem to be abusing retail FOMO and manipulating the market. These volatile prices can go down just as hard as they went up. There’s a reason the Terra ecosystem has collapsed this year.
– Burning Luna (NftsSanae) September 9, 2022
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