Most cryptos traded in green on Friday. What about Bitcoin?

Most cryptos traded in green on Friday. What about Bitcoin?

The cryptocurrency market traded mostly in the green on Friday. Bitcoin Cash ABC surged forward by 2.53%, leading the way. However, Cardano’s ADA declined by 0.17%, with Stellar’s Lumen and Tezos also tumbled down by 0.54% and 0.15%, respectively.

On the other hand, major cryptos fluctuated on Thursday. Some of the majors traded in relatively bullish territory. Cardano’s ADA jumped by 3.68%, gaining the most. Monero’s XMR also added 1.34% after finding strong support.

Bitcoin Cash ABC soared by 1.27%, and Litecoin rose by 0.59%. Bitcoin Cash SV also increased by 0.30%, and EOS climbed up by 0.88%. However, Ripple’s XRP ended the session flat.

Several cryptos ended in the red. Binance Coin lowered by 0.40%, and Ethereum declined by 0.58%. Furthermore, Stellar’s Lumen slid by 0.62%, and Tezos plummeted down by 1.61%, with Tron’s TRX dropping by 0.29%.

How did Bitcoin fare?

Bitcoin climbed up by 0.19% to $9,809.0 on Friday. The crypto jumped to a high of $9,848.9 after falling to an early morning low of $9,765.3. But it left the major support and resistance levels untested.

On Thursday, Bitcoin gained 1.17%, ending the day at $9,790.7. It fluctuated during the session. The crypto hit an early morning high of $9,690.6 before dropping to a late morning intraday low of $9,461.0. Bitcoin also dropped through the first major support level at $9,504.13 after steering clear of the major resistance levels.

Despite that, Bitcoin managed to find support and recovered in the afternoon, surging to a late afternoon intraday high of $9,882.1 before pulling back. The crypto also broke through the first major resistance level at $9,744.93, as well as the second major resistance level at $9,813.27. But resistance at $9,900 pinned Bitcoin back, and it plunged through the second major resistance level to end the day at sub-$9,800 levels.

On Friday, the crypto total market cap stood at $273.47bn. The total market cap jumped to a Monday high of $285.71bn before tumbling down to a Tuesday low of $255.98bn.

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