Currently, the total market cap of the crypto universe is 263.4 billion USD, with a 24h Volume of 51.6 billion, and BTC Dominance of 69.7% according to coinmarketcap.com.
Bitcoin has a market cap of 183.7 billion USD and trades around 10,205 USD on Coinbase after a retracement from the 10.5k support/resistance level earlier today. Currently, the 100-period moving average (seen as the blue line on the chart below) is being tested as support and, if broken, will likely lead to prices going for the next support level around 9.8k USD. The next major support zone after that, lies around 9.1-9.4k USD which, if broken, could lead to prices going below the multi-month low and to the 9.3k support/resistance level last seen in May/June.
Ethereum currently has a market cap of 19.42 billion and trades at 180 USD on Coinbase – still within the consolidation range around 178-184 USD as prices look to catch up with the 200-period moving average (seen as the green line on the chart below) before likely continuing to the downside. The next target for a bearish move will likely be the 157.5 USD support level, with additional smaller targets seen around the 171 and 165 USD levels as the overall trend remains very bearish.
Ripple currently has a market cap of 11.2 billion and is trading around 0.265 USD on Binance as prices continue to trade around the 100-period moving average (seen as the blue line on the chart below) as well as the 0.26-0.265 USD resistance zone. Additionally, prices are currently catching up with the 200-period moving average (seen as the green line on the chart below), which will likely offer additional resistance as prices prepare for the next move to the downside. The next potential target can be seen around the 0.225 USD level with additional support levels around 0.24 USD as well as 0.25 USD.
Litecoin has a market cap of 4.457 billion USD and currently trades around 70.5 USD on Binance as prices retest the 200-period moving average (seen as the green line on the chart below). Prices currently seem to be rejecting to the downside and we will most likely see a continuation to the downside in the upcoming days. Prices are looking to break below 70 USD with a potential move to 68 USD and additional support levels around 65 USD and 62 USD. Alternatively, if prices break above the 200 moving average, we could see a continuation to the upside with a price target of around 80 USD for the upcoming days.
Binance coin has a market cap of 3.455 billion USD and trades around 22.22 USD on Binance. Prices are consolidating around 21-23 USD over the last few days after the previous bearish impulse to the downside at end-August. Prices have almost caught up with the 100-period moving average (seen as the blue line on the chart below) around 22.8 USD, indicating we could see a move to the downside in the upcoming days with a potential target of around 18.4 USD and additional support levels around 20.1 USD and 21 USD that need to be broken. Additionally, a multi-month trend line will likely be retested in the upcoming days and if broken to the upside, could potentially indicate a reversal of the current multi-month retracement.