Bitcoin SV, Monero, Uniswap, and Waves- Daily Technical Analysis- October 26th, 2020

  • The marginal price correction activity is still prevailing in the overall market conditions while Bitcoin is looking for sustainability above $13k and Ether above $400
  • The overall market capitalization is at $391.31B with an increase of 0.08% over the day
  • The 24-hour volume traded is at $8096B making a decrease of -2.11% over the day 
  • The dominance of the crypto king is having an increase of 0.08% over the day bringing the current level to 61.07%

The Bears Continue To Sustain Their Sentiments In The Overall Market Conditions 

Source: Coin360

The overall cryptomarket is facing a marginal downtrend in which Bitcoin is trying to avoid any further downfall below the crucial price mark of $13k and Ether looking sustainability above $400. The price movement behavior of the majority of the cryptoassets has been disbanding. Coins like XRP, BSV, LTC, XMR, etc are moving positively whereas ETH, BCH, LINK, etc are facing the handy negative movement. 

Top Gainers

Bitcoin SV (BSV) 

Source: Coinmarketcap

BSV has successfully reclaimed the crucial price mark of $180.00 indicating its strong positive intentions to reclaim the price level of $200.00 again in the crypto market. The CMP is placed at $180.88 with a market capitalization of $ 3,355,961795 and the 24-hour volume traded at $ 1,127,142,318. The cryptoasset faced minor negative reversals from the price level of $185.00 which can be acting as a new resistance level. Until then, the price levels need to maintain stability above $180.  

Monero (XMR)

Source: Coinmarketcap

Monero is claiming new levels for the year again in the cryptomarket. The new 52-week for the digital asset is now at $138.00 and targeting $140.00 further ahead. The CMP is placed at $ 136.88 with an overall gain of 4.94% bringing the market capitalization to $ 2,428,088,455 with the 24-hour volume traded of $ 1,521,655,774. The XMR/BTC pair is also performing positive with an overall gain of 4.23% bringing the current level to 0.01047075 BTC. The price levels faced minor negative reversals from the price level of $138.00 which can be acting as a new support level as of now.  

Top Losers 

Uniswap (UNI) 

Source: Coinmarketcap

Uniswap has broken below the crucial price mark of $3.00 which is a negative sign. The CMP is placed at $2.80 facing an overall loss of -4.13%. The market capitalization is at $587,533,917 with the 24-hour volume traded of $278,100,330. The downfall below $2.90 has clearly decreased the chances of the cryptoasset to reclaim $3.00 in near future. The UNI/BTC pair is also performing negatively with a loss of 0.00021407 BTC. 

Waves (WAVES) 

Source: Coinmarketcap

Waves were also one of the top losing coins on Monday’s market session with an overall loss of -4.61. The CMP is placed at $3.28 with the market capitalization of $338,945,220 and the 24-hour volume traded of $53,670,991. Currently, the price levels are having a major support level of $3.10 which is expected to provide a positive bump further ahead in the market if the level is reached on the downside by the bears. The WAVES/BTC pair is also performing significantly negative with the loss of -5.23% bringing the current level to 0.00025051 BTC.