THELOGICALINDIAN - FOMO Moments
Markets are in affliction already afresh as the bears accumulate the burden on for addition day. Over $12 billion has larboard the crypto amplitude and bazaar assets has plummeted afresh aback to aloof over $250 billion.
Bitcoin is captivation key abutment at $6,400 and has absent 3.8% on the day to barter at aloof beneath this level. Further losses could be approaching if BTC avalanche beneath $6,400 area it is currently consolidating. Ethereum has absent addition 4.4% consistent in a abatement to $440, bottomward signals are assuming on the charts.
Every altcoin in the top 30 is in the red some crumbling by bifold figures. The better also-ran in the top ten is EOS already again which has afford a added 7% on the day. The already aureate adolescent of cryptocurrencies has suffered the heaviest losses over the accomplished few days. Currently trading at $7.08, EOS is bottomward from $7.65 this time bygone and bottomward alike added from $8.90 this time aftermost anniversary and way bottomward about 40% from $11.30 this time aftermost month.
Stellar is the abutting better also-ran in the top ten today with a 5.2% bead to $0.189. Looking at the top twenty Tezos has assuredly taken a hit with the better bead of 10%. XTZ has defied the bead by accepting over the accomplished four canicule but the drive has now beat and it has collapsed aback to $2.08 from $2.35 this time yesterday. VeChain is additionally accepting a bad day with a 6.4% bead as is Ontology accident 7% on the day. Bitcoin Gold circuit out the top 30 with a 10% decline.
The top altcoin of the moment is Power Ledger which has acicular 19% over the accomplished 24 hours. Currently trading at $0.324 POWR is up from $0.277 this time yesterday. Kucoin Shares is additionally defying the bead with as 12.6% acceleration to $3.21.
Total crypto bazaar assets has collapsed 4.5% on the day to $252 billion. Volume has remained abiding at $13 billion over the accomplished 24 hours. If markets do not dip to antecedent lower lows of $234 billion, as they did on June 29, this could be the assurance of a continued appellation changeabout about if those levels are activated afresh the bears could advance things alike lower.
FOMO Moments is a area that takes a circadian attending at the top 25 altcoins during the accepted trading affair and analyses the best assuming one, attractive for trends and accessible fundamentals.
