The total market cap of the crypto universe is 297.7 billion USD with a 24h volume of 48.6 billion and BTC dominance of 68.5% per coinmarketcap (CMC).
Bitcoin trades at a market cap of 204 billion USD with prices hovering around 11,395 USD on Coinbase after moving to the upside in the past hours and retesting the 11.5-11.6k USD minor resistance and currently looking to go lower. A very bullish indication can be seen by the cross of the 100 and 200-period moving averages (seen as the blue and green line respectively on the chart below) around 10.7k as this typically leads to a strong uptrend in the following weeks. Another test to the downside could still be possible with the current support at 11-11.1k USD after which prices could retest the moving averages around 10.7-10.8k USD. Alternatively, we could see a continuation to the upside once 10.6k is broken with the next target seen around 12k USD.
Ethereum currently trades at a market cap of 22.9 billion with prices at 213 USD on Coinbase. Prices have retested the 100-period MA blue line around 217 USD and are currently moving lower, indicating we will likely see the support zone of 200-205 USD retested once again in the upcoming days and an overall continuation of price consolidation around 200-235 USD until a significantly higher high or lower low is made outside of the previously mentioned range.
Ripple currently has a market cap of 12.94 billion and is trading around 0.301 USD on Binance after another retest of the 0.305 USD resistance which previously acted as support for several weeks. Prices are moving lower shortly after, indicating a rejection and bears still in control with a likely continuation to the next support level of 0.028 USD to be seen in the upcoming days unless a significant break above 0.305-0.31 USD occurs. The 100 and 200 period MA (seen as the blue and green line respectively on the chart below) around 0.311 and 0.317 are acting as additional resistance targets for price action.
Litecoin has a market cap of 5.53 billion USD and currently trades around 87.2 USD on Binance after finding resistance around 91 USD as well as the 100 MA (shown by the blue line on the chart below). Recent price action indicates we will likely see a continuation to the downside in the upcoming days with a major support level seen around 80 USD indicating a relatively significant drop in price is possible as the price continues the current multi month downtrend.
Binance coin trades at a market cap of 4.71 billion USD with prices around 30.22 USD on Binance and continues moving higher after retesting the 200-period moving average (shown by the green line on the chart below) around 29 USD and moving back above the 29.5 USD support zone. Prices may make an attempt at retesting the previous high around 31.5 USD. Overall, however, prices are still in bearish momentum as no significant higher highs have been made and until we see a break and close above the 32-32.5 USD technically, we are still in retracement despite higher lows being made in the past weeks overall, indicating we will likely see prices consolidating for now.