Currently, the total market cap of the crypto universe is 295 billion USD with a 24h Volume of 43.8 billion and BTC Dominance of 66.8% according to coinmarketcap.com (CMC).
Bitcoin has a market cap of 203 billion USD and trades around 11,360 USD on Coinbase. Prices are consolidating within the 11,250 - 11,500 USD range after another failed attempt to move lower and retest the 11k support level, indicating bulls are still in control, and we could see prices move higher in the upcoming days with minor resistance around 11.6K and major resistance around 12k USD. Since the bullish cross of the 100 and 200 period moving averages, both MAs have continued diverging, indicating bullish momentum building for the next impulse move upward.
Ethereum currently has a market cap of 22.5 billion and trades at 209 USD on Coinbase as prices continue retracing some of the upside move after we saw a rejection of the 200-205 USD zone last week. Prices have reversed around the 100-period moving average (represented by the blue line on the chart below) around 216.6 USD, indicating overall consolidation of 200-235 USD is still in place and will likely continue until a break to either side is achieved.
ETH/BTC continues moving lower after finding resistance around the 0.019 BTC support turned resistance level, indicating we will likely see a continuation to the downside unless a break above 0.019 BTC is made and a higher high is set. Until then, the overall trend is still bearish with the next support level to be taken out seen around 0.0175 BTC, which is a several-year low for ETC/BTC price.
Ripple currently has a market cap of 12.8 billion and is trading around 0.298 USD on Binance – still below the 0.305 USD resistance level mentioned earlier with the 100 and 200 period moving averages (represented by the blue and green lines respectively on the chart below) around 0.310 and 0.315 USD closing in on prices and likely providing additional resistance until broken to the upside. Until then, the overall trend remains bearish, and prices will likely retest the several month support level of 0.28 USD.
Litecoin has a market cap of 5.36 billion USD and currently trades around 84.9 USD on Binance after a rejection of the 100 MA (represented by the blue line on the chart below) around 91 USD. Prices have made a continuous downward move in the past few days, indicating we will likely see a continuation to the downside and a retest of the 80 USD support level where prices reversed earlier last week after which the several week low of 76.2 USD served as the next support as the overall trend remains bearish.
Binance coin has a market cap of 4.7 billion USD and trades around 30.2 USD on Binance after prices found support around 29 USD and the 200 MA (represented by the green line on the chart below) at the end of last week. Prices have moved higher with a relatively slow wave to the upside, indicating it could be a retracement from the previous downside impulse and we will likely see consolidation around current levels before another attempt at moving higher is made.