- General market conditions show strong bullish sentiments as major crypto assets (BTC and ETH), altcoins and DeFi gain new levels for the year.
- Global market cap reached $ 530.35 billion, an increase of 3.14% on the day
- The volume traded in the global market over the past 24 hours stands at $ 164.75 billion, resulting in a 12.14% tilt on the day.
- The dominance of the crypto king faces slight corrections arriving at 65.43%, dragging down -0.61% on the day.
BTC / USD
Bitcoin price levels attempted a positive breakout against the bullish $ 19K mark, increasing the concentration of FOMO among investors in the market. The CMP is now placed at $ 18,639.20, with an overall gain of 1.06%. The market cap is around $ 345.93 billion and the 24-hour volume was trading at $ 40.08 billion. The levels faced a minor retracement around $ 18,950 which is expected for another retest by the bulls in the coming trading sessions.
ETH / USD
Ether finally found its true bullish emergence after breaking positively above the crucial $ 500 mark in Friday’s trading session. Levels are currently looking for above-mark durability and can gain new levels for the month. The CMP is now placed at $ 515.07, with an overall gain of 1.41%, bringing the market cap to $ 58.41 billion and the 24-hour volume traded to $ 17.97 billion. ETH / BTC is also positive with an overall gain of 0.28%, bringing the current level to 0.02761187 BTC.
XRP / USD
XRP also entered its long-awaited bullish trend after facing early consolidation over the past two months. Price levels gave a positive break above the $ 0.40 level making it the top performer list in Saturday’s market session with a significant overall gain of 6.55%. Meanwhile, XRP / BTC also broke 0.000002000 BTC with an overall gain of 6.00%, providing bullish signals for future trading sessions.
LINK / USD
Chainlink price points are currently showing sustainability above the crucial $ 14.00 mark, which is a positive sign. It behaved positively in Saturday’s market session with an overall gain of 1.41%, bringing the CMP to $ 14.33. LINK / BTC also performed positively with a marginal gain of 0.61%, taking the current level to 0.00076842 BTC.
BCH / USD
Bitcoin cash had a positive breakout against a minor resistance level of $ 270.00 and was looking to gain new levels. The CMP is now placed at $ 272.97, with an overall gain of 1.56%. The BCH / BTC pair is also positive with an overall gain of 0.01463654 BTC. Market cap reached $ 5.07 billion with the 24-hour volume trading at $ 3.48 billion. Price levels will face significant resistance at $ 280.00 in the bull run.
LTC / USD
Litecoin price levels have greater durability than the $ 80.00 resistance level after a positive breakout. The CMP is now placed at $ 83.16 with an overall gain of 0.28% with the LTC / BTC pair having a positive performance of 0.26%, taking the current level to 0.004462424 BTC. The crypto asset may have a long term target of $ 100.00 if the current bullish move remains sustained.
BNB / USD
Binance coin is still testing the significant resistance level of $ 29.26 again and is unable to have a positive breakout against the mark. The CMP is placed at $ 29.26 with a marginal gain of 0.53%, bringing the market cap to $ 4.21 billion and the 24-hour volume traded to $ 325.78 billion. The BNB / BTC pair is also 0.43% positive, taking the current level to 0.00156949 BTC. The resistance level of $ 30.00 and $ 33.00 tends to provide significant resistance at the price levels, and the bulls should strike with a substantial impact (buy volume)
DOT / USD
Polkadot kept durability above $ 5.00 during Saturday’s market session recording an overall gain of 1.00% on the day. The CMP is now placed at $ 5.32 with the DOT / BTC pair having a positive performance of 0.88%, taking the current level to 0.0028534 BTC. Market cap stands at $ 4.67 billion and 24-hour traded volume is $ 807.04 million. The recent bullish momentum in the crypto asset has the potential to revert to historic levels around $ 8.00.
ADA / USD
Cardano finally showed significant positive movement in the market with an overall gain of 1.31% during Saturday’s trading session, bringing current levels close to resting the resistance mark of $ 0.130. The ADA / BTC pair is also behaving significantly positively with a gain of 1.08%, bringing the current level to 0.00000684 BTC. If the levels had a positive breakout against the mention resistance mark, the ADA could gain new levels thereafter.
BSV / USD
Bitcoin SV continued its bullish movement with an overall gain of 2.275 during Saturday’s market session and bringing current levels closer to the resistance level of $ 180.00. The BSV / BTC pair was positive with a gain of 1.79%, taking the current level to 0.00951060 BTC. The market cap stands at $ 3.29 billion with a 24 hour trading volume of $ 783.54 million. If the bullish move is supported by the crypto asset for a longer duration, it may aim to break above $ 200.00 by the end of the year.