Market analysis for March 26
For last Sunday the situation on the market of crypto-currencies practically have not changed. Bitcoin and altcoins are showing mixed movement with low volatility. Compared to last Monday, the market capitalization increased by $ 15 billion and amounted to $ 328 billion for the morning of March 26.during the week, the cryptocurrency was under the influence of important news from the meeting of economic leaders of the G20 and scandalous news related to the problems of the cryptocurrency exchange Binance with the Japanese regulator. These events could not set an explicit direction to the movement of the cryptocurrency market. Capitalization growth was only 5%, the main cryptocurrencies also showed no activity.
On the morning of March 26, the price of bitcoin is 8492 dollars, which is 1.01% lower than a day ago. Capitalization of BTC is 143,858 billion dollars, the dominance of 43.8%
The Ethereum for the past day has risen in price on 0,63%, price ETH amounted to 523 dollar capitalization — 51,55 billion Ripple Price remained virtually unchanged, increased to $ 0,640 (+0,63%), capitalization — of 25.04 billion Cash Price of Bitcoin fell by 0.54% to $ 973, capitalization — 16,58 billion is the Price of Litecoin rose by 0.82% to 160,9 dollar, the market capitalization of 8.97 billion dollars.
Technical analysis of the pair BTC-USD
The pair concentrates around the level of $ 9,000, without leaving the descending channels. On the daily chart, the resistance continues to be the 200-day slow moving average at the level of 8850 dollars. Support levels are 8250 and 7850.
Hour intraday chart of the BTC-USD. Support levels are $ 8,300, $ 7,770 and $ 7,360. The resistance is around $ 9,000.