Coinfomania: Where blockchain and cryptos live.

Ether Unable To Claim The $2,000 Mark As BTC Holds $34k.

So much happens in the last 24 hours in the crypto industry. Most of these happenings are to the delight of the buyers. For example, most coins in the top 100 are all bullish as they are currently enjoying a green candle party.

From the green party that took place over the last 24 hour, the top gainer is Bitcoin cash ABC as it gained more than 40% during this time. More coins also had a good run as coins like Tronix and Klaytn got 16% and 20% respectively. Additionally, the crypto industry market value edges closer to $1.4 trillion.

The top two leading coins are not left out from the price rally the crypto market enjoyed during the last 24 hours. Bitcoin gained over 3% as Ether settles for gains below 2%. The largest altcoin is the one with the least gains in the top 10.

The buyers have also anticipated that Ethereum will enjoy a better price surge than the king coin but prices didn’t play out that way as the largest alt still struggles below $2,000.

From recent price movements, it is impossible not to notice that the $2,000 mark has been the strongest when it is a resistance. More price rejection happened within the level under consideration but not much price rebound. The $2k resistance will only flip and last longer as price support if the right-wing traders start to rally the market from ether current price and push the coin as high as $2,100.

While the second-largest coin by market cap is struggling below $2k, the largest coin is standing its ground above $34,000. BTC current price movements are reverting to the way it was before the death cross. In effect, not much has changed after the death cross.

Also worth mentioning is Dogecoin latest feat as it surges by 13% in the last 24 hours and it reclaims the sixth spot by market cap ranking.


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