Ethereum, binance coin, chainlink, chiliz and more seem to be breaking out
Although “uptober” already seems to be a fact, the crypto market seemed to turn red again towards the end of the month. At the time of writing, however, several prices are already starting to rise [...] The post Ethereum,...
Although “uptober” already seems to be a fact, the crypto market seemed to turn red again towards the end of the month. At the time of writing, however, several prices are already starting to rise sharply. Will we see another breakout before the month close? For now, the total market capitalization of all cryptocurrencies is down 1.1% from 24 hours ago and stands at $1.06 trillion.
📈Market Overview#BTC price trades above $20K
The Top 10 are traded in different directions: $DOGE -14%, $ADA -4.28%, $BNB +0.58%.
Market cap: $1.06T (-1.94%) $BTC dominance: 36.98% (+0.13%)
Fear & Greed Index: 31 (Fear)
Full Report👉https://t.co/eLVpuDyhrn pic.twitter.com/eNp6aog5zg
— CryptoRank Platform (@CryptoRank_io) October 31, 2022
Bitcoin Likely To End October In Green
Bitcoin (BTC) failed to recapture $21,000 again last weekend, dropping to the area around $20,500 this morning. The bitcoin price is therefore 1.3% today in the more and less volatility is expected this week. Bitcoin is also celebrating its fourteenth anniversary today white paper.
#Bitcoin appears to have built a significant demand zone between $19,000 and $20,700, where over 4 million addresses purchased roughly 2.3 million $BTC.
On the flip side, the most important resistance for #BTC is at $21,000, and the next one is at $23,000. pic.twitter.com/dnSulwbM2c
— Ali (@ali_charts) October 30, 2022
Ethereum starts to rise again
Ethereum (ETH) was able to rally stronger than bitcoin last week, returning above $1,600 over the weekend for the first time since mid-September. The ETH price even touched $1,650, but then dipped below $1,600 again. At the time of writing, the price breaks through $1,600 again and shoots to $1,625, bringing ETH up 1.6%.
#Ethereum‘s price dominance over #Bitcoin and most of #crypto has continued as October is coming to a close. This has come following a spike in new $ETH addresses created. Address activity will likely need to recover for a confident continued rally. https://t.co/4Um6wxFez8 pic.twitter.com/FggrM0u6wU
— Santiment (@santimentfeed) October 30, 2022
Top 10 starts to turn green, binance coin breaks out
The rest of the top 10 crypto also colored red this morning, but several prices now seem to break out. Ripple (XRP) is still slightly behind, at 0.5% in the min. Cardano (ADA) fell the hardest and dipped below $0.4 again, but is now jumping up again.
Solana (SOL) and polkadot (DOT) were already rising overnight and are already up more than 4 and 3% respectively. Of the largest crypto, binance coin (BNB) now seems to be breaking out the strongest. BNB just shot up more than 5% to $324.2.
👻Happy Halloween from all of us at #Binance
If you’re in the mood to catch a vampire and earn 50 #BUSDtake part below https://t.co/Fjkw98CULN pic.twitter.com/qB0uBhcafX
— Binance (@binance) October 31, 2022
DOGE rose 100% last week
Dogecoin (DOGE) rose last week due to the Twitter takeover of Elon Musk. Subsequently, the price also corrected the hardest, but DOGE appears to be finding support around USD 0.115 and is now rising towards USD 0.12. This means that DOGE is today 2.5% in the negative, but still 100% in the plus compared to a week ago.
— ecoinometrics (@ecoinometrics) October 30, 2022
Crypto top 100 starts to turn green
In the top 100 we have another series of prices in the red with arweave (AR) at the top with a 6% drop. Meanwhile, the green side is starting to get bigger with chainlink (LINK) almost at the top. The LINK price is up 7.5% and just broke through $8.
there goes #LINK finally https://t.co/SxKgbL5JjW pic.twitter.com/HAJ1jLZDI7
— Nebraskangooner (@Nebraskangooner) October 30, 2022
Chiliz fastest riser crypto top 100
Chiliz (CHZ) is again the biggest winner today. CHZ was able to rise sharply from the summer, but has corrected in recent weeks. Yesterday afternoon, CHZ made another huge jump with the price currently at $ 0.224 and 15% in the plus.
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