Move to the Downside Expected Before Another Increase (Bitcoin & Litecoin Price)

From yesterday the evaluation of the cryptocurrency market cap has continued its slight upward movement and has come up from $133,165,496,430 at its lowest point to $135,775,929,378 at its highest point today.

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Looking at the evaluation chart, we can see that the movement is choppy and indecisive which means that we are most likely seeing further correctional movement. The evaluation is getting close to its upper resistance point at around $135.6B so we could soon see a movement to the downside as the evaluation is to encounter the seller’s territory.

The market is in mixed color today with an insignificant percentage of change as the top 100 coins are ranging around 0.8% on average. The biggest gainers today are Qtum with an increase of 24.64%, Lisk 14% while Aurora is the biggest loser as it is down by 11.45% in the last 24 hours.

Bitcoin’s market dominance has been decreasing and came down from 51.44% at its highest point yesterday to 51.1% where it is currently…

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Source: https://thebitcoinnews.com/move-to-the-downside-expected-before-another-increase-bitcoin-litecoin-price/