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Bitcoin {BTC}, Tezos {XTZ}, Basic Attention Token {BAT} price readings and anticipated movement


Once again, most of the currencies in the market have begun to fluctuate due to bearish momentum. BTC is linked to a boost rate of 0.11%, which brought BTC up to $9595 where it currently stands. The trading volume recorded is $11.656 billion, whereas the supply has 17,907,250 BTC coins involved. As of this moment, the total market cap of the king coin is $171.825 billion.

The daily RSI has bounced up slightly and holds at 36 for now. While the Awesome Oscillator peaks remain under the zero line, they’re medium-sized which indicates that sellers don’t have full control. The MACD line has been below the signal line for the past 18 days, thus ensuring that the histogram lingers in the red zone. Initial support can be found close to the $9326 mark, and resistance will be felt when BTC reaches north of $10,600.

Tezos is ranked at #18 on coinmarketcap. The price climbed at a rate of 4.82% in the course of the past 24-hours. The trading volume recorded is $9.584 million, and the supply has 660,373,612 XTZ coins in circulation. The total market cap of Tezos is $702.598 million, whereas XTZ is priced at $1.06.

Tezos was oversold only on 29th August this month, indicating that it is less-dependent on Bitcoin. The RSI rests at 38.63, and Awesome Oscillator peaks are brown [but small in stature]. Bearish force hasn’t swayed this currency as badly as most of the altcoins. Resistance can be felt at $1.195 and support is close to the $0.9955 level.

Basic Attention Token is placed at #32 in the market. A modest jump [1.40%] caused BAT to soar; the price sits at $0.177297. The trading volume recorded is $15.264 million, while the supply has 1,329,225,522 BAT in play. BAT tokens are primarily used as incentives for the Brave browser. The total market cap of Basic Attention Token is $235.667 million.

For the time being, the RSI is at 39. The MACD line is north of the signal line, thus pointing to buyers still impacting the currency. Resistance is near $0.20694, and support exists at $0.1648. BAT may ascend by tomorrow if the sellers fail to capitalize.

Charts consulted for analysis:

  • BTC/USD pair
  • XTZ/USDT pair
  • BAT/USDT pair

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.