The major cryptocurrencies rallied in Wednesday’s session

The major cryptocurrencies rallied in Wednesday’s session

Bitcoin gained 0.39% on Tuesday, ending the day at $6,874.0. The crypto partially recovered a 0.98% loss from Monday. However, Bitcoin fluctuated during the session. It rose to an early morning high of $6,927.9 before reversing course. But after the crypto fell short of the major resistance levels, it slid to a late morning intraday low of $6,762.6.

BTC rallied to a late afternoon intraday high of $6,985.0 after steering clear of the first major support level at $6,640.87. It came within range of the first major support level at $6,986.77 before sliding to levels below $6,900.

What about the other cryptos?

The other major cryptocurrencies fluctuated during Tuesday. Binance Coin led the way, rallying by 3.78%. Meanwhile, Ethereum gained 1.21%, and Monero’s XMR rose by 1.88%. EOS also gained 0.57%, with Tezos climbing up by 0.26%. All of them ended the day in the green.

On the other hand, Bitcoin Cash ABC lost 1.43%. Bitcoin Cash SV declined by 0.08%, and Cardano’s ADA shaved 0.21%.

Litecoin and Ripple’s XRP both lowered by 0.36% and 0.89%, respectively. Furthermore, Stellar’s Lumen slid by 0.16%, and Tron’s TRX fell by 0.75%, also ending the day in the red.

The crypto total market cap dropped down from a Monday high of $198.52bn to a low of $190.67bn throughout the week. On Tuesday, the total market cap hit the current week high of $198.64bn before sliding back. However, the total market cap stood at $197.55bn on Wednesday.

The crypto market continued wavering during today’s session as well. Bitcoin rose by 0.86% to $6,932.80 on Wednesday. While the crypto fell to an early morning low $6,808.0 at first, it hit a high of $6,940.6 soon after. Still, Bitcoin left the major support and resistance levels untested so far.

The other major cryptocurrencies also began the day in bullish territory. Cardano’s ADA led the way, rising by 1.75%. Stellar’s Lumen, however, dropped down by 0.40%.

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