Top 5 Market Cap Coins | Current Analysis Using Price Action And Indicators

Top 5 Market Cap Coins

Table of Contents

Ethereum

Introduction about the coin

Top 5 Market Cap Coins, one of them is Ethereum. Ethereum Surges to the new ATH. The price of the ethereum coin has surged more than 15% and is being traded around 1480$.  The existing Coin Market Cap rating is #2, with a $154,269,806,749 USD market cap. It has a circulating stock of ETH coins of 114,382,007 and an avg. There is no availability of supply. Ethereum is a decentralized blockchain open-source framework that features Ether, its own cryptocurrency. For various other crypto currencies, as well as for the implementation of decentralized smart contracts, ETH functions as a forum. Ethereum is a decentralized blockchain open-source framework that features Ether, its own cryptocurrency. For various other crypto currencies, as well as for the implementation of decentralized smart contracts, ETH functions as a forum.

In a 2013 whitepaper by Vitalik Buterin, Ethereum was first described. Buterin rose funding for the project in an online general audience sale along with other co-founders, secured funding for the project in an online public audience sale and formally launched the blockchain on July 30, 2015.


 

Fibonacci levels

It is used to predict the support and resistance levels of the market. The 0.786 level is showing good support at .0403. However, the market is looking good to go up at the moment with current price at .0425179.

 

Fibonacci levels

 

RSI Indicator

 Relative strength index is a great instrument to check the momentum of the market. RSI of the USDT pair is going down from 80 level .It shows market is going to take correction at the moment. There is a strong resistance at .045. Anyone looking for entry may put its buy order near the support point of .040 USD.

 

RSI Indicator

 

Bollinger bands

Bollinger bands is a volatility analytic tool used for the technical analysis, Bollinger band of USDT pair has  touched the 1st line and inverted hammer is formed and the market will take some correction at this point. The next support here as per this indicator will be at the middle line of the Bollinger band indicator.

Bollinger bands

 

The market will may go further from the end if the market continues to decrease the potential. As the inverted hammer is indicating the market will go down to take correction.

inverted hammer is indicat

 

Parabolic SAR

Parabolic SA is a great tool which used to check the momentum of the markets.  The pattern is still above the candlesticks that shows strong signal of the market going down for a short time. Currently, ETH is being traded at .042btc.

 

Parabolic SAR

 

Tether USDT

Brief introduction

USDT is a stable issued by Tether, a Hong Kong-based company, which represents the price of the US dollar. By having an amount of dollars in reserves that is equivalent to the number of USDT in circulation, the token’s peg to the USD is achieved.

Originally launched in July 2014 as Real coin, a second-layer cryptocurrency token developed by the use of the Omni network on top of Bitcoins blockchain, it was later renamed to US Tether and then, eventually, to USDT. In addition to Bitcoins, USDT was later modified to function on the Ethereum, EOS, Tron, Algorand, and OMG blockchain. Tether price is $1.00 USD with a 24-hour trading volume of $81,896,779,786 USD. In the last 24 hours, the tether has increased by 0.00 percent. The present CoinMarketCap ranking is #3, with a $24,851,506,192 USD market cap. It has a circulating stock of coins of USDT 24,817,394,865.

 

Fibonacci levels

It is used to predict the support and resistance levels of the market. The 1 level is showing good resistance at current point. However, the market is looking good to go up at the moment with current price at 1077

 

Tether USDT

 

RSI Indicator

Relative strength index is a great instrument to check the momentum of the market. RSI of the USDT pair is going to 0 level .The buyers may look into carefully the support level before taking entry in the market. The price may retrace little bit and then move up.

 

RSI of the USDT

 

 

Bollinger bands

Bollinger bands is a volatility analytic tool used for the technical analysis, Bollinger band of USDT pair has went down from top line after touching the 1150 mark, The middle line of BB will act as support and buyer can take entry at this price.

Bollinger band of USDT

 

 

Parabolic SAR

Parabolic SA is a great tool which used to check the momentum of the markets.  The pattern is below the candlesticks that stable m momentum. Currently, its price is 1075 BTC

 

 

Currently its price is 1075 BTC 1

 

Polkadot Cap Coins

Brief Introduction

Polka dots price is US$18.29 with a 24-hour trading volume of US$3,260,888,059. In the last 24 hours, Polkadot is up 2.87%. The present CoinMarketCap rating is #4, with a $16,475,827,701 USD market cap. It has a circulating stock of DOT coins, 903,647,563 and the max. Polkadot is an open-source multi-chain exchange protocol that allows the cross-chain transfer of any kind of information or asset, not just tokens, allowing a wide variety of blockchain interoperable with each other. The goal of this interoperability is to build a completely decentralized, user-controlled and private web and to simplify the development of new applications, organizations and services. Public and private chains, permission less networks, oracles and future technologies are connected by the Polka dot protocol, allowing these separate blockchain to exchange information and transactions via the Polkadot relay chain without confidence.

 

Fibonacci levels

It is used to predict the support and resistance levels of the market. The 1 level is showing good resistance at 18.29$. However, the market is looking good to go up at the moment with current price .The support is around the .786 level.

Polkadot

 

RSI Indicator (Cap Coins)

Relative strength index is a great instrument to check the momentum of the market. RSI of the Dot/BTC pair is trying to go up from 0 level. The buyers may look into carefully the support level before taking entry in the market. Buyer can put but limit around at current price as the market is looking to go up from this point.

 

RSI of the Dot BTC

 

 

Bollinger bands

Bollinger bands is a volatility analytic tool used for the technical analysis, Bollinger band of Dot/BTC pair is retracing and may go down at middle line. The middle line of BB will act as support and buyer can take entry at current price .00050055

 

Bollinger band of Dot

 

Parabolic SAR

Parabolic SA is a great tool which used to check the momentum of the markets.  The pattern is above the candlesticks and may go down from this level little bit.

 

Parabolic SA is a great tool which used to check the momentum

Top 5 Market Cap Coins

XRP Cap Coins

Brief introduction

XRP price is $0.275836 USD with a trading volume of $2,641,713,210 USD for 24 hours. XRP is down by 2 percent. The existing CoinMarketCap ranking is #5, with a $12,524,081,372 USD market cap. It has a circulating stock of XRP coins and a max of 45,404,028,640 XRP coins. Supply and activities of 100,000,000,000 XRP coins. It’s important to understand the difference between XRP, Ripple and Ripple Net to begin with. XRP is the currency that runs on Ripple Net, a digital payment network, which is on top of the XRP Ledger distributed ledger database. Although Ripple Net is run by a company called Ripple, the XRP Ledger is open-source and is not based on the blockchain, but rather the distributed distribution previously described.

The Ripple Net payment platform is a framework for real-time gross settlement (RTGS) that aims to enable worldwide instant monetary transactions. You can literally use any currency to transact on the network, though XRP is the cryptocurrency native to the XRP Ledger.

 

Fibonacci levels

It is used to predict the support and resistance levels of the market. The 0level is showing good support at current point. The market has hit hard by the sec lawsuit against the xrp and the coin is at its bottom price.

 

lawsuit against the xrp

 

RSI Indicator

Relative strength index is a great instrument to check the momentum of the market. RSI of the XRP/BTC pair is going up from 80 level . The buyers may look into carefully the support level before taking entry in the market.

Relative strength index is a great instrument

 

Bollinger bands

Bollinger bands is a volatility analytic tool used for the technical analysis, Bollinger band of XRP/BTC pair is at 1st  line around 826,  The middle line of BB will act as support as the market will go down little bit.

 

The middle line of BB

 

Parabolic SAR 

Parabolic SA is a great tool which used to check the momentum of the markets.  The pattern is above the candlesticks this shows that the price will retrace from this point.

The pattern is above the candlesticks

 

 

 

 


 

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