September 2 Crypto Market Review: Bitcoin and Altcoin Daily Analysis

You can find the current numbers of the market and the top 4 cryptocurrency support resistance levels.

The current figures of the September 2 crypto markets are as follows:

*Billion $ Today Change
Total Market Cap* 357,37 2,90%
Altcoin Market Cap* 140,97 4,14%
Bitcoin  Dominance 60,55 -0,77%
Total Volume (24 H)* 94,78 6,02%
** figures are based on the beginning of the day.

The cryptocurrency market has been very active in the last 24 hours. Bitcoin has tested $12,000 again. Ethereum reached its highest value of the year at $489. In addition, the positive momentum of ETHUSDT continues. You can find the daily support-resistance levels and short analyzes for the top 4 cryptocurrencies below.

The price movements of the top 4 cryptocurrencies (excluding Tether) that dominate the crypto market in the last 24 hours are as follows:

Coin Market Cap Price Change (24h)
Bitcoin $218.593.384.333 $11.830,26 0,07%
Ethereum $53.288.702.403 $473,97 3,88%
XRP $13.365.356.967 $0,297042 1,87%
Chainlink $5.560.486.041 $15,89 -1,48%

 

September 2 crypto support-resistance levels (top 4) and daily analysis

BTCUSDT

R3 R2 R1 Pivot S1 S2 S3
12.364,00 12.159,63 12.033,37 11.829,00 11.624,63 11.498,37 11.294,00

As we mentioned yesterday, Bitcoin (BTC) has gone up to $12,000. During the Asian trading hours, bears took over and a correction occurred in BTCUSDT. Bitcoin needs to close today above $11,830 to continue rising. If BTCUSDT sees 3-hour candlestick closes below $11,700 today, it could slide towards the $11,500 band.

ETHUSDT

R3 R2 R1 Pivot S1 S2 S3
523,72 501,01 486,99 464,28 441,57 427,55 404,84

Ethereum caught the $490 resistance on the $500 path and back to the $470 band. Today, the critical price for ETHUSDT is $465. If the bulls manage to keep Ether above this level $500 can be seen in ETHUSDT this time. Otherwise, ETH could drop below $450 today.

XRPUSDT

R3 R2 R1 Pivot S1 S2 S3
0,3105 0,3030 0,2983 0,2908 0,2832 0,2786 0,2710

XRP’s peak price yesterday was 30 cents. Today, if the decline continues in XRPUSDT, which declined to 29 cents, it can go down to 0.2830. If the bulls regain control, this time the price of $0.31 can be seen in XRP.

LINKUSDT

R3 R2 R1 Pivot S1 S2 S3
17,12 16,68 16,42 15,98 15,54 15,28 14,84

Chainlink climbed to the highest $16.5 yesterday and remained flat at $16 overall. $16 is critical today in LINKUSDT, whose downtrend continues. 3-hour candlestick closes below this price may cause the altcoin to retreat to the $15 band.

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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