The crypto market fluctuated on Monday. Binance Coin gained 0.64%, while Bitcoin Cash ABC grew by 0.38%. Bitcoin Cash SV also rose by 0.09%, and Litecoin soared by 0.21%. Meanwhile, Monero’s XMR increased by 0.05%, and Stellar’s Lumen climbed up by 0.13%. However, other cryptos traded in the red.
On Sunday, Tron’s TRX skyrocketed by 6.86%. Ethereum also jumped by 1.20%, while Cardano’s ADA gained 0.35%, and EOS rose by 0.55%. However, the rest of the majors ended the day in bearish territory. Bitcoin Cash ABC plunged by 6.8%, losing the most.
Stellar’s Lumen tumbled down by 1.85%, while Bitcoin Cash SV dropped by 1.13%, and Monero’s XMR fell by 1.54%. Tezos struggled as well, lowering by 1.31%.
On the other hand, several cryptos lost modestly. Binance Coin shaved off 0.80%, while Litecoin fell by 0.30%, and Ripple’s XRP slid by 0.05%.
On Monday, the crypto total market cap stood at $272.05bn. Most of the digital coins ended in the green. Cardano’s ADA, Stellar’s Lumen, and Tron’s TRX profited the most, with gains of 17.08%, 12.65%, and 14.9%, respectively. But Bitcoin Cash ABC and Bitcoin Cash SV lowered by 0.02% and 1.76%, respectively, over the week.
Bitcoin gained on Sunday. How did it fare on Monday?
Bitcoin jumped to an early morning high of $9,785.7 before plummeting down to a low of $9,745.0 on Monday. However, it rose by 0.19% to $9,765.8 during the day.
On Sunday, the crypto gained by 0.81%, ending the week up by 3.13% to $9,747.1. Bitcoin hit an early morning high of $9,710.7 before pulling back. It came up short of the first major resistance level at $9,756.27 and tumbled down to an early afternoon intraday low of $9,393.8.
Bitcoin also plunged through the first major support level at $9,566.57, along with the second major support level at $9,464.73. But it skyrocketed to a late afternoon intraday high of $9,814.0 after finding late support.
Thanks to the support, the crypto broke through the first major resistance level at $9,756.27 before lowering to sub-$9,700 levels. But a late rally pushed it up to $9,700 levels.
