July 11 Crypto Market Review: Bitcoin and Top Altcoins Daily Analysis

In the July 11 crypto market review, you can follow the daily support-resistance levels of the top 4 cryptos at current prices.

July 11 crypto market cap started with $267 billion. The market cap, which dropped below $260 billion sometime yesterday, then recovered and raised over $260 billion again. Altcoin market managed to stay above $95 billion after yesterday’s volatility. Today, the trading that started with buyers has increased the altcoin market value to $96.4 billion. Bitcoin domination has seen an increase yesterday, but it is falling again today. The bitcoin market rate is now down to 63 percent.

July 11 Crypto Support-Resistance Levels (Top 4)

We have determined the daily support resistance levels of the top 4 cryptocurrencies according to the current price movements in the list sorted by capital value (excluding Tether). While the pivots, Bitcoin, and high-value altcoins are likely to have to determine price levels for the daily direction, support and resistances are the possible values ​​that the market can react according to yesterday’s price movements.

BTC/USDT

Bitcoin dropped to $9,125 yesterday. And then bulls raised bitcoin up to $9,300. BTC started the day below $9,300 level but has not yet disrupted the short-term bullish trend.

The critical level for the BTC/USD pair is now seen at $9,250. If BTC holds this price, there may be attacks towards the $9,400 band.

Below the $9,250 support, while $9,170 stands as the next support point, regressions towards $9,050 can be seen in case of possible sell-off.

ETH/USDT

Ethereum found support at $237 yesterday, and the day’s close was over $240.

Today, the most critical price for ETH/USD is seen at $240, while hourly candle closings above this level could allow it to reach $250 over the weekend. In the lower area, $235 is seen as solid support according to the latest price movement.

XRP/USDT

XRP found buyers at $0.195 yesterday and closed the day just under the 20 cents resistance after it had easily passed the $0.197 resistance.

The positive sentiment for XRP continued during the Asian trading hours and XRP entered the 20 cents zone again. Today, the pivot level at $0.198 can be followed as the first support for a possible correction. On the upside, we can see that the Ripple token can move up to the resistance of $0.207.

BCH/USDT

The downtrend, which started at $246 in Bitcoin Cash, has slowed down after buyers were seen at $234 yesterday.

Today, if BCH bulls manage to maintain support for $237, the first key resistance is likely to be at $240. On the downside, $230 stands as the most important support to prevent losses.

Read the latest news, follow the analysis and enjoy the crypto.

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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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