Important figures regarding August 22 crypto market are as follows:
- Total Market Value (day opening): $ 358.79 billion
- Altcoin market cap: $ 144.81 billion
- Bitcoin domination: 59.56%
- Total trading volume (24 hr): $ 111.18 billion
According to the price movements of the last 24 hours, the top 10 cryptocurrencies had an average loss of 5 percent. The crypto markets have been bearish this week. According to the crypto market cap, the range of $ 335-340 billion can be mentioned as a critical support area for recovery.
22 August crypto support-resistance levels (top 4)
We have calculated the daily significant levels of the top 4 cryptocurrencies that are ranked according to market cap (excluding tether) and dominate the cryptocurrency market as follows.
BTC/USDT
| Bitcoin | ||||||
| Resistance 3 | Resistance 2 | Resistance 1 | Pivot | Support 1 | Support 2 | Support 3 |
| 12.024,33 | 11.874,21 | 11.781,46 | 11.631,33 | 11.481,21 | 11.388,46 | 11.238,33 |
Bitcoin had risen as high as $ 12,400 after testing the $ 11,100 range about 10 days ago. The bears taking action from the $ 12,000 levels caused the cryptocurrency to enter a heavy correction period with panic sales. For today, it is extremely important for BTCUSDT to close the day above $ 11,480, otherwise, a new wave of sales could drag Bitcoin to $ 11,000.
ETH/USDT
| Ethereum | ||||||
| Resistance 3 | Resistance 2 | Resistance 1 | Pivot | Support 1 | Support 2 | Support 3 |
| 430,83 | 418,00 | 410,08 | 397,25 | 384,42 | 376,50 | 363,67 |
The most critical level of the day for ETHUSDT, which fell similarly hard with Bitcoin, is $ 384. Below this level, there could be a decline of $ 360.
XRP/USDT
| XRP | ||||||
| Resistance 3 | Resistance 2 | Resistance 1 | Pivot | Support 1 | Support 2 | Support 3 |
| 0,3007 | 0,2949 | 0,2913 | 0,2855 | 0,2797 | 0,2761 | 0,2702 |
BCH/USDT
| Bitcoin Cash | ||||||
| Resistance 3 | Resistance 2 | Resistance 1 | Pivot | Support 1 | Support 2 | Support 3 |
| 311,46 | 303,62 | 298,78 | 290,94 | 283,10 | 278,26 | 270,42 |
