Crypto Markets Switch to Recovery – BTC, ETH, XRP, LTC Price Overview (March 6, 2019)

Follow the most recent downward correction in major cryptocurrency prices, the market is looking up once again as all top cryptocurrencies are posting notable gains in the last 24 hours.

While Litecoin (LTC) led the top cryptocurrencies with 15 percent gain in the last 24 hours, some other cryptocurrencies like EOS (EOS), Ontology (ONT) and Binance Coin (BNB) posted gains of more than 10 percent.

Key Takeaways

  • Litecoin (LTC) leads the market at 15 percent gains
  • Bitcoin Dominance at 51.7%
  • All top 20 coins (except stablecoins) are in green and above support levels
  • LTC, EOS, ONT, record double-digit percentage gains in the last 24 hours
  • $6 billion added to crypto market since Mar. 5
  • A new pattern of volatility is beginning to emerge
Name Price24H (%)
Bitcoin (BTC)
$8,003.00
3.48%

Bitcoin (BTC) Price Today

Bitcoin (BTC) is currently trading at about 3.5 percent better than it did by this time yesterday. This brings its current price at $3,893 to the dollar as it pushes towards the $4,000 mark and hopefully test the resistance at $4,200. Though it traded above $4,000 on some exchanges at some point last month, it was not sustained and eventually fell to under $3,700. The drive towards $4,000 is expected to encourage more activity especially if it can stay above within $3,900.

Name Price24H (%)
Ethereum (ETH)
$255.87
4.41%

Ethereum (ETH) Price Today

Ethereum’s native token Ether (or ETH) rose impressively from $127 to $138 in the last 24 hours. The token is set to test the $140 mark once again after retreating in the market-wide correction. Its market cap stands above $14 billion keeping it above XRP at the cryptocurrency leaderboard.

Name Price24H (%)
Litecoin (LTC)
$92.04
3.65%

Litecoin (LTC) Ripple (XRP), and Bitcoin Cash (BCH) Price Today

Litecoin (LTC) has had a remarkable ride in the last 24 hours. At the time of writing the coin has recorded a day-on-day increase of about 15 percent making it the best performing of the top 20 coins. A positive hourly change shows it may continue to soar during the day to improve on its current price of $54.

Name Price24H (%)
XRP (XRP)
$0.399447
2.82%

While Ripple (XRP) is also in green, it is increasing much slower than other top coins. Its day on day change is +2.44 percent to peg its price at $0.313 with a total market cap of $13 billion.

Name Price24H (%)
Bitcoin (BTC)
$8,003.00
3.48%
Bitcoin Cash (BCH)
$423.71
6.34%

Bitcoin Cash (BCH) has increased about 5 percent in the last 24 hours showing strong recovery like the most of the market. BCH/USD is currently trading at $133 and looks likely to close trade above that.

Weekly and Hourly Analysis

Only Litecoin (+19%), and EOS (+7%) are have recorded positive changes week-on-week. Bitcoin is trading just around the same price it traded in the last 7 days. Except for Tron (TRX) which retreated (-0.15%) in the last hour, all other top cryptos are showing positive hourly growth Litecoin leading at +1.74%.

 

Data from Coinmarketcap.com and Coin360.com were used in this report

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.