9 July Crypto Market Summary: Bitcoin and Top Altcoins Daily Analysis

9 July crypto market value remains in the positive zone above $270 billion. You can find more about crypto market and daily top coins reviews in our news.

The 9 July crypto market value remains in the positive zone above $270 billion. Yesterday, the crypto total market increased by 2.88 percent on average and was the highest in the day with $274 billion. The altcoin market is more active. It rose 4.56 percent yesterday and the opening of the day was $98 billion. Accordingly, the Bitcoin domination continues to decline. It has dropped to 63 percent.

The top 10 cryptocurrencies gained by an average of 1.28 percent over the past 24 hours. Cardano (ADA), which saw a serious rise in July (68 percent), dropped around 5 percent yesterday. So, the altcoin was the most loser in the top 10.

9 July Crypto Support-Resistance Levels (Top 10)

According to the current price movements in the list sorted by market cap (excluding Tether), we determined the daily support resistance levels of the top 10 cryptocurrencies as follows. Pivot levels are likely to be decisive for the daily direction of Bitcoin and top altcoins, while support and resistance are possible numbers that the market can react to based on yesterday’s price movements.

BTC/USDT

Bitcoin went up to $9,470 after breaking the peak price of the week ($9,380) in yesterday’s trading. In Asian trading hours, there was a support at $9,380.

BTC / USD started the day on the $9,400 band during the European session. Today, $9,470 could be a significant resistance level. If Bitcoin can break $9,470, it can fall within the $9,500 range. $9,580 is a critical support point in the downturn scenario.

ETH/USDT

Ethereum returned from the $250 limit after breaking the $245 resistance yesterday. Today, the support of ETHUSDT is at $245. The daily resistance price could be yesterday’s peak of $248. ETH could rise to the $250 range if it breaks this resistance.

XRP/USDT

XRP broke positively yesterday and spiked up to $0.206. After some correction at the opening of the day, the Ripple token was able to hold on to the $0.20 psychological support.

If the XRP / USDT stays above 20 cents today, the $0.206 level may play a critical role in the continuation of the rise as the first resistance.

BCH/USDT

Bitcoin Cash closed the day at $243 after a peak at $245 after midday yesterday but crashed up to $238 at the day opening.

However, in the BCH market, the bulls appeared on the stage under $240 and could rise up to $245 resistance again. Today, altcoin can be tested $250 if the $245 resistance is broken today.

You can review the Bitcoin and top 3 altcoins daily support-resistance chart below:

Bitcoin
Resistance 3 Resistance 2 Resistance 1 Pivot Support 2.Support 3.Support
            9.618,00          9.526,70          9.470,30    9.379,00    9.287,70    9.231,30    9.140,00
Ethereum
3. Resistance 2. Resistance 1. Resistance Pivot 1.Support 2.Support 3.Support
                255,64              251,40              248,78       244,54       237,68       237,68       233,44
XRP
3. Resistance 2. Resistance 1. Resistance Pivot 1.Support 2.Support 3.Support
0,2197 0,2115 0,2064 0,1982 0,1900 0,1849 0,1767
Bitcoin Cash
3. Resistance 2. Resistance 1. Resistance Pivot 1.Support 2.Support 3.Support
                250,56              247,12              244,99       241,54       238,10       235,97       232,52

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Disclaimer: The information in the content is not an investment advice. Author and coinalways.com are not responsible for your profit or loss. Every investment involves risks and requires knowledge.

FX Analistahttp://coinalways.com
Building his career on finance and banking, the veteran analyst decided to devote his experience to cryptocurrencies and forex. Co-founder @ Coin Always.

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