One of the biggest rises of today is the price of Basic Attention Token (BAT), which with a jump of 11% is among the top three of the top 100. BAT benefits from Brave’s announcement concerning the partnership with Binance. With today’s increase, the price of BAT will rise more than 80% after having sunk below 10 cents on March 13th, which was the all-time low.
With today’s rises, BAT continues to react and revises the 16 cents, a very important level of resistance that is becoming noticeable.
Among the worst, there are no particular declines, although the first 10 are all below parity.
Monero (XMR) continues to hold very well and is still fluctuating around the parity today. With the increases that are characterizing it, the privacy coin conquers the 12th position in the ranking.
With the current downturn, the market cap remains at $180 billion, with overall trading volumes above $100 billion.
Trading volumes are still very strong as far as Bitcoin is concerned, which yesterday, for the second day in a row, saw volumes of more than 2 billion dollars.
The dominance of Bitcoin remains above 65.5% while Ethereum and Ripple are unchanged from yesterday’s levels, respectively above 8% and below 4%.
Bitcoin (BTC) price
Bitcoin, in the last few hours, attempts to break the previous weekly maximum by pushing itself one step closer to $7,000. Profit-taking then prevailed, rejecting prices below $6,500.
In a weekly perspective, BTC prices should not go below $5,600-5,500. A sinking below this level would begin to give a first warning signal on a weekly basis.
It should be noted that the current weekly cycle, if thus confirmed, with the $5,500 holding, would be the first to rise after more than a month.
Ethereum tries to follow Bitcoin’s lead and push over $145, but without the support of the volumes, it can’t keep the same momentum, managing to reach the $143 and missing the mark by $3, falling back under $135 at the moment.
For Ethereum, like for Bitcoin, even if with a weaker trend, the weekly cycle is about to end.
It is important to hold on to the $115 over the next few days. A hold of this level of support that coincides with the weekend lows would also give a first bullish signal for Ethereum after more than a month.