Several major cryptos rallied during the last week, gaining hefty amounts. Cardano’s ADA, Stellar’s Lumen, and Tezos skyrocketed by 29.34%, 27.11%, and 23.29%, respectively, over the week. Meanwhile, Tron’s TRX rallied by 10.34%, Ethereum jumped by 9.73%, and Monero’s XMR gained 7.28%.
On the other hand, cryptos fluctuated on Monday. While Binance Coin and Monero’s XMR gained 0.85% and 0.82%, respectively, Bitcoin Cash SV lowered by 0.63%.
Tezos fell by 3.26% on Sunday, but other major cryptos ended the day in the green. Cardano’s ADA gained the most, surging forward by 8.75%. Bitcoin Cash ABC added 3.06%, while Bitcoin Cash SV climbed up by 1.60%, and EOS rose by 1.76%.
Ethereum, Monero’s XMR, and Ripple’s XRP saw modest gains, increasing by 1.75%, 1.26%, and 1.15%, respectively. Tron’s TRX also gained 1.91%.
Several digital coins rose slightly, trailing behind the others. Binance Coin added 0.80%, while Litecoin edged up by 0.52%, and Stellar’s Lumen climbed up by 0.50%.
How did Bitcoin fare?
Bitcoin ended the last week higher by 7.91% to $7,697.9. It gained 0.40% on Saturday but jumped by 2.11% on Sunday. The crypto soared from an early morning low $7,522.3 to an early afternoon high $7,697.8 after a bullish start of the day.
It managed to break through the first major resistance level at $7,675.67 before dropping to a late intraday low $7,473.5. Despite the sell-off, Bitcoin also steered clear of the first major support level at $7,425.67. However, the crypto found late support and broke back through the first major resistance level, striking a final hour intraday high $7,697.9.
Furthermore, Bitcoin rose by 0.64% to $7,747.3 on Monday. The crypto rallied from an early morning low $7,697.7 to a high $7,756.0 after a bullish start of the day. Even though it steered clear of the major support and resistance levels, Bitcoin broke through the 38.2% FIB of $7,730.
The crypto total market cap stood at $221.68bn on Monday. The total market cap soared from Tuesday low $196.98bn to a Sunday high $222.11bn during the week.
- Trading Instrument