Price Analysis 24/05

It was a good trading day in the Crypto world where most of the coins follow an uptrend and post gains. The market was generally in green and there were good performers among the top 10. This trend made Bitcoin achieve $8,000 even though it’s still shy to fly over it.

Top 10

There is no change in the top 10, no coins breaking through or exiting; this is because the market has followed a general trend lately and there isn’t really any wild moving coin upward or downward except for a few which are far below top 100.

It was all good for members of top 10 as they were all green through the day with an average of around 2% which is enough for Bitcoin to stay around $8,000 dollars all day but still not surging above it.

The best performing coins here is Litecoin surging up to 13% and and exceeding a key support price $100, just like $8,000 has been for Bitcoin, the $100 has for Litecoin going forth and back around the price. Analyst point out that a possible break may signal an important bull run which will pull along most assets in that manner.

Binance continued in it steady upward movement gaining up to 6% and now around $33 and is joined by EOS which is not around $6. It was all regular for all other assets.

Credit: CMC

A noticeable movement in top 100 is Aurora shooting up 52% with the current price at $0.029, Huobi went up 11% at $3.36. Theta Fuel made a debut with a 90% surge at $0.017808.

Exceptional movement include Gold Bits Coin with a 159% surge and SuperEdge with a 113% surge.

Credit: CMC
Credit: CMC

Author: CoinTick Editorial

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