Cryptocurrencies Price Analysis: ICON, EOS, LISK, BAT, Tezos, IOTA

By March 6, 2020Altcoins
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  • The crypto market is looking strongly bullish as bitcoin finally climbed above the price level of $9000 and Ethereum reaching the major support level of $235.00.
  • The top movers in the market are ABBC coin, WaykiChain, ICON.
  • The top losers in the market are Nervos Network, Bytecoin, Synthetix Network Token.
  • The overall market capitalization is $261,198,343,096 and volume traded of $141,317,903,843.
Source: Coin360

ICON (ICX) Price Analysis

Source: Coin360

ICON has finally started showing positive movement in the market after reaching the support level of $0.36. The altcoin was on an attempt to break the crucial mark of $0.40 but faced heavy resistance at the price level of $0.39.

Currently, it is at the price level of $0.38 with an overall gain of 14.17% in the market. The market capitalization is $203,459,019 with volume traded of $81,934,705. It is expected that the altcoin will make another attempt to cross the price level of $0.40.

EOS (EOS) Price Analysis

Source: Coin360

EOS is still in the purse to break the major resistance and crucial price level of $4.00. By the end of February, it was successful in breaking the level but was unable to sustain it. Since then it never crossed $4.00 level again. For the past five days, it is moving between the price range of $3.50 to $3.90.

Currently, it is at the price level of $3.80 with an overall gain of 3.21%. The market capitalization is $3,491,301,193 with volume traded of $3,305,776,032. It is expected that if the crypto asset is successful in breaking the price level of $4.00, it may build bullish momentum from there onwards.

Source: Coin360

After facing a downtrend and going below the major support level of $2.00, Lisk has finally found another major support at the price level of $1.30. The altcoin has started to show signs of gradual positive momentum in the market. Currently, it is having an overall gain of 2.78% with a price level of $1.40.

The market capitalization is $170,630,947 with volume traded of $4,402,855. With the support level of $1.30, the crypto assets can start making a bullish impact in the market but can face minor resistance at the price level of $1.70.

TOP CRYPTOCURRENCIES LOSERS

Source: Coin360

BAT is on the downtrend in today’s market due to the strong resistance provided by the price level of $0.28 and $0.30 respectively. The altcoin is facing an overall loss of -2.55% with the current price level of $0.23. the market capitalization is $333,946,257 and volume traded is $75,511,465. The market pairs of BAT are also facing a significant decline today.

The BAT/BTC pair is having a -4.63% loss with the level of 0.00002560 BTC. The BAT/ETH pair is having a -5.36% loss with the level of 0.00099079ETH. However, BAT is strongly supported by the price level of $0.20 which may prevent it from heavy downfalls in upcoming days.

Tezos (XTZ) Price Analysis

Source: Coin360

Tezos is on negative movement in today’s market but the major concern among the crypto traders is whether it will be sustained above the price level of $3.00. Tezos has been one of the top-performing altcoins in this year. However, it is unable to sustain above the price level of $3.00 after the heavy downtrend faced by it.

Yesterday, the crypto assets were having significant bullish movements in the market which helped it cross the crucial level of $3.00. Currently, it is at the price level of $3.20 with -2.25% overall loss. The market capitalization is $2,227,128,132 with volume traded of $221,284,456. A successful closing above the price level of $3.00 will indicate that the downfall for the coin will not sustain and vice-versa.

IOTA (MIOTA) Price Analysis

Source: Coin360

IOTA is facing a minor downtrend in today’s market. The altcoin is having an overall loss of -1.50% with a price level of $0.23. The market capitalization is $641,690,598 and volume traded of $9,466,724. It is expected that the downfall will be not that much significant as IOTA is having a strong support level of $0.20.

But any further downfall below the given support level can result in major price corrections for the crypto assets. Apart from the minor negative movement, IOTA will be looking to cross the $0.30 mark again.

The top movers […]

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