Bitcoin (BTC) is currently on the rise and many altcoins are also seeing a revival. A number of cryptocurrencies are even making big leaps, but can they keep it up this week? A number of cryptos have already encountered resistance this morning and are correcting. The total market capitalization nevertheless increased by 5.2% to $1.33 trillion.
Ethereum up 7%
Ethereum (ETH) dipped all the way to a pre-weekend low of $1,720. Yesterday ether recaptured $1,800 and last night the price started to rise sharply. ETH encountered some resistance around $1,880 but broke through it this morning. At the time of writing, ETH may even break the $1,900 mark and is up as much as 7% today.
TRX, DOGE, XRP in the green
Tron (TRX), the only altcoin to turn green last week, is lagging slightly today. TRX first plunged lower last night and is struggling this morning at $0.83. Still, TRX is up 2.7% today. Dogecoin (DOGE) has already risen faster and is up 4%, but failed to break through $0.087 this morning. Ripple (XRP) was rejected at USD 0.4 this morning, but we may see a retest soon. XRP is up 4.1%.
BNB, DOT, AVAX, SOL rise sharply
Binance coin (BNB) is currently battling with $320 and is up 5.7%. Polkadot (DOT) broke through $10 again last night, but it proved a little too much this morning around $10.6. Nevertheless, DOT is already 8.6% in the green. Avalanche (AVAX) has yet to break through $28, but is still up 9% today. Solana (SOL) is even up 9.5%, but the USD 47 may have flipped from support to resistance.
SHIB and ADA rise fastest
Shiba inu (SHIB) briefly peaked above $0.000012 this morning, but is now falling slightly below. Nevertheless, SHIB is today no less than 11.2% in the green. Cardano (ADA) is today the winner among the largest crypto and is currently battling with $0.52, with the price even up 12.2%.
Crypto top 100 biggest gainers
Furthermore, kucoin token (KCS), kusama (KSM), cosmos (ATOM) and tezos (XTZ) are about 10% in the green today. For harmony (ONE), zcash (ZEC), monero (XMR), fantom (FTM), chainlink (LINK) and graph (GRT) that is 11%. Axie infinity (AXS), maker (MKR), neo (NEO), theta fuel (TFUEL), loopring (LRC), algorand (ALGO) and uniswap (UNI) are even up 12% today.
Stellar (XLM), stepn (GMT), decentraland (MANA), gala (GALA) and near (NEAR) were up 13% in the past 24 hours. Apecoin (APE), evmos (EVMOS) and theta (THETA) were up 14%. Synthetix (SNX) and arweave (AR) are already up 17%. Thorchain (RUNE) is up 18%, elrond (EGLD) 19%, helium (HNT) 20% and waves (WAVES) no less than 29%.
Luna Classic goes like a rocket
The new terra (LUNA) token was immediately dumped on Saturday bringing the price close to 70% below its top and hovering around $6 for the past 24 hours. The old token, terra luna classic (LUNC), on the other hand, rose by as much as 84% in the past 24 hours, although the price is now starting to fall.
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