Price analysis 11/21: BTC, ETH, XRP, LINK, BCH, LTC, BNB, DOT, ADA, BSV

  • The overall market conditions are showcasing significant bullish sentiments as major crypto assets (BTC & ETH), altcoins, and DeFi are gaining new levels for the year
  • The global market capitalization has reached $530.35B, resulting in an increase of 3.14% over the day
  • The volume traded of the global market over the last 24 hours stands at $164.75B, resulting in an incline of 12.14% over the day 
  • The crypto king’s dominance faces slight corrections arriving at 65.43%, resulting in a decline of -0.61% over the day. 

BTC/USD 

source: coinmarketcap

Bitcoin price levels attempted for a positive breakout against the bullish mark of $19K, increasing FOMO concentration among the investors in the market. The CMP is now placed at $18,639.20, with an overall gain of 1.06%. The market capitalization stands around $345.93 Bn, and the 24-hour volume traded at $40.08Bn. The levels faced minor retracement around $18950, which is expected for another retest by the bulls in upcoming trading sessions. 

ETH/USD 

source: coinmarketcap

Ether finally found its real bullish emergence after having a positive breakout above the crucial mark of $500 on Friday’s market session. The levels are currently looking for sustainability above the mark and can gain new levels for the month. The CMP is now placed at $ 515.07, having an overall gain of 1.41%, bringing the market capitalization to $58.41Bn and the 24-hour volume traded at $17.97Bn. The ETH/BTC pair is also performing positive with an overall gain of 0.28%, bringing the current level to 0.02761187 BTC. 

XRP/USD 

source: coinmarketcap

XRP has also grabbed its much-awaited bullish trend after facing an anticipated consolidation during the past couple of months. The price levels have given a positive breakout above the level of $0.40, making it to the top-performers list on Saturday’s market session with a significant overall gain of 6.55%. Meanwhile, the XRP/BTC has also crossed above 0.000002000 BTC with an overall gain of 6.00%, providing bullish signals for upcoming trading sessions. 

LINK/USD 

source: coinmarketcap

Chainlink price levels are currently showing sustainability above the crucial mark of $14.00, which is a positive sign. It performed positively on Saturday’s market session with an overall gain of 1.41%, bringing the CMP to $14.33. The LINK/BTC pair also performed positively with a marginal gain of 0.61%, bringing the current level to 0.00076842 BTC. 

BCH/USD 

source: coinmarketcap

Bitcoin cash had a positive breakout against a minor resistance level of $270.00 and looking to gain further levels. The CMP is now placed at $272.97, with an overall gain of 1.56%. The BCH/BTC pair is also performing positive with an overall gain of 0.01463654 BTC. The market capitalization has reached to $5.07 Bn, with the 24-hour volume traded to $3.48Bn. The price levels will be facing significant resistance at $280.00 in the bullish run. 

LTC/USD 

source: coinmarketcap

Litecoin price levels have sustainability above the resistance level of $80.00 after a positive breakout. The CMP is now placed at $83.16 with an overall gain of 0.28%, with LTC/BTC pair performing positive by 0.26%, bringing the current level to 0.004462424 BTC. The crypto asset can have a long-term target at $100.00 if the current bullish move remains sustained. 

BNB/USD 

source: coinmarketcap

Binance coin is still retesting the significant resistance level of $29.26 and unable to have a positive breakout against the mark. The CMP is placed at $29.26 with a marginal gain of 0.53%, bringing the market capitalization to $4.21Bn, and the 24-hour volume traded to $325.78Bn. The BNB/BTC pair is also performing positive by 0.43%, bringing the current level to 0.00156949 BTC. The resistance level of $30.00 and $33.00 tends to provide significant resistance to the price levels, and the bulls need to strike with a substantial impact (buying volume)

DOT/USD 

source: coinmarketcap

Polkadot has maintained sustainability above $5.00 on Saturday’s market session by having an overall gain of 1.00% over the day. The CMP is now placed at $5.32, with the DOT/BTC pair performing positive by 0.88%, bringing the current level to 0.0028534 BTC. The market capitalization stands at $4.67Bn, and the 24-hour volume traded of $807.04M. The recent bullish momentum of the crypto asset is said to have the potential to restest its all-time levels around $8.00. 

ADA/USD 

source: coinmarketcap

Cardano finally showed a significant positive movement in the market with an overall gain of 1.31% on Saturday’s market session, bringing the current levels close to resting the resistance mark of $0.130. The ADA/BTC pair also performing significantly positively with a gain of 1.08%, bringing the current level to 0.00000684 BTC. If the levels had a positive breakout against the mention resistance mark, ADA could gain new levels thereafter. 

BSV/USD 

source: coinmarketcap

Bitcoin SV continued its bullish move with an overall gain of 2.275 on Saturday’s market session and bringing the current levels close to the resistance level of $180.00. The BSV/BTC pair performed positive with a gain of 1.79%, bringing the current level to 0.00951060 BTC. The market capitalization stands at $3.29Bn with a 24-hour volume traded of $783.54M. If the bullish move is sustained by the crypto asset for a longer duration, it can have the target for breaking above $200.00 by the end of the year.