The last gathering in DE Cryptocurrency The market has calmed down a bit and many prices are turning a little red today. Although the market contracted slightly, a number of cryptocurrencies are still on a strong rally, keeping the total market cap above $2 trillion for the time being.
Bitcoin (BTC) I couldn’t get a new one yesterday top low It stabilized and fell back to $46,000. Bitcoin price recovered briefly to $46,500, but then fell to $45,500. Bitcoin then attempted a rally and briefly returned to $46,500, but the price has not yet been able to find support. At the moment, Bitcoin is still hovering around $46,000, but the price is starting to look less stable and a test of $50,000 seems to be getting more and more. The price may find support here and the rally may resume, but a correction first to $44,000 or maybe even $41,500 shouldn’t come as much of a surprise. Because a number of Altcoins While it has risen sharply today, Bitcoin’s dominance is down to 42%.
The public lightning network’s capacity has smashed 2,300 bitcoins.
– Kevin Rock (@kerooke) August 17, 2021
Ethereum (ETH) In general, Bitcoin is still followed. Ether is also looking for support between $3,150 and $3,200, but it doesn’t seem to be finding it yet. This means that the price may first correct back to $3000, but in case the Ether goes higher, there is quite a bit of resistance around $3300.
Cardano (ADA) It’s dropping a bit more after its decent rise today. ADA price dropped all the way to $2.04 last night, then made a huge rally bounce, bounce Back to $2.14 and back to $2.06. Ripple (XRP) Corrects even downward more powerfully. The price of XRP fell from $1.31 to $1.16, down 11% in 24 hours. Both prices are still 60% off compared to the last two weeks.
However, two of the top ten prices are still good in the positive wave today. Polkadot (DOT) reached $27.09 this morning after rising more than 10%. Solana, who is now ranked 10th after a huge career, continues to climb strongly. SOL price is up 20% again today and set up a new price absolutely high (ATH) from $74.08. SOL is up 120% from two weeks ago.
Terra (LUNA), which is now the 16th largest cryptocurrency in the market, continues to rise as well. LUNA is up 21% today and just reached ATH at $26.20. The LUNA is up almost 300% this month. The toughest rally today is Audius (AUDIO), which rose by 100% last night to $3.90.
“Total coffee specialist. Hardcore reader. Incurable music scholar. Web guru. Freelance troublemaker. Problem solver. Travel trailblazer.”