- Bitcoin’s minor drop to $67,480 reflects resilience, maintaining its market cap at $1.33 trillion amid soaring trading volumes.
- Ethereum’s bullish momentum continues with price rises, currently facing resistance around $2,885 and a healthy RSI of 59.84.
- Solana stands out with a 2.92% increase, stabilizing around $165, supported by a significant trading volume surge of 113.84%.
Top coins show promising trends. Bitcoin (BTC) remains the heavyweight despite a minor drop, while Ethereum (ETH) is climbing steadily with bullish signs. XRP is holding steady with slight gains, and Solana (SOL) is surging with an impressive upward trend. With increased trading volumes and market activity, these assets are showing resilience and growth potential,
Bitcoin(BTC) Resilience: The King of Crypto Holds Strong
Source:Coinmarketcap
The chart above illustrates Bitcoin’s movement in the last 24 hours, down 1.54%, relegating its price to $67,480.35. At the beginning of the day in the early hours, this trend hovered around more than $68,540, once reaching almost the $69,500 level, then slowly flowing down and falling sharply below $67,500 toward the end. Market capitalization is $1.33 trillion, while 24-hour trading volume increased 139.85% to $36.30 billion. The circulating supply of bitcoin stands at 19,770,000 out of 21 million BTC in total.
Ethereum(ETH) on the Rise: A Bullish Breakthrough Ahead!
Source: Coinmarketcap
The graph displays the price of Ethereum (ETH) against Tether (USDT) on Binance, using a daily time frame. The candlestick chart indicates a downward trend starting in early August, with the price dipping to around $2,400. The chart shows a subsequent consolidation period in September, with moderate price fluctuations. The price has been rising in October, with resistance around $2,885. The Relative Strength Index (RSI) is at 59.84, indicating slightly bullish momentum but within a neutral range. At the same time, trading volumes show spikes, particularly during sell-offs in early August. The 9-day Simple Moving Average (SMA) line is slightly below the current price, suggesting upward momentum.
XRP Stability: Small Gains in a Volatile Market!
Source: Coinmarketcap
This chart illustrates XRP’s price fluctuations over 1 day; the price started at approximately $0.5443, rose to around $0.555, fell after reaching the top, dipped below $0.545, and then consolidated above $0.545 by the end of the day. The overall change within the day exhibits a gain of 0.10%. The trading volume has also increased substantially by more than 114%, showing the active market.
Solana(SOL) Surge: Riding the Wave of Growth
Source: Coinmarketcap
The above chart shows that Solana has risen 2.92% over the last 24 hours to $164.66. It started the day low, at about $159.98, peaking to around $170 before falling and catching at the end of the day to $165. Market capitalization stands at $77.39 billion, and within the last 24 hours, trade volume increased by 113.84% at $4.18 billion. The circulating supply stands at 470.03 million SOL tokens.
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