July 16 Crypto Market Review: Bitcoin and Altcoin Daily Analysis

You can review the current figures of the market in the July 16 crypto market summary. You can also follow the daily support-resistance of the top 4 cryptocurrencies.

The current figures for the July 16 crypto markets are as follows:

  • Total market value (day opening): $ 26.8 billion
  • Altcoin market cap: $ 97.3 billion
  • Bitcoin domination: 63.90%
  • Total trading volume (24 hr): $ 59.5 billion

In the last 24 hours, there is an average loss of 2 percent in the top 10 cryptocurrencies. Chainlink (LINK), which has a positive return among the top 10, is the highest-earning coin with 2.66 percent.

July 16 Crypto Support-Resistance Levels (Top 4)

Based on yesterday’s price movements in the list sorted by capital value (excluding Tether), we determined the daily support resistance levels of the top 10 cryptocurrencies as follows. While the pivot levels we have determined are likely to be the determining price levels for the daily direction of Bitcoin and high-value altcoins, support and resistance prices are possible values ​​that the market can react to.

BTCUSDT

Bitcoin
Resistance 3 Resistance 2 Resistance 1 Pivot Support 1 Support 2 Support 3
          9.327,47           9.283,19           9.255,83           9.211,55           9.167,27    9.139,91           9.095,63

ETHUSDT

Ethereum
Resistance 3 Resistance 2 Resistance 1 Pivot Support 1 Support 2 Support 3
             240,84              239,86              239,25              238,28              237,30        236,69              235,72

XRPUSDT

XRP
Resistance 3 Resistance 2 Resistance 1 Pivot Support 1 Support 2 Support 3
0,2007 0,1996 0,1989 0,1978 0,1967 0,1960 0,1949

BCHUSDT

Bitcoin Cash
Resistance 3 Resistance 2 Resistance 1 Pivot Support 1 Support 2 Support 3
             232,39              230,74              229,73              228,08              226,43        225,42              223,77

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.

Coin Analistahttps://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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