Crypto market daily report – June 17, 2019
The cryptocurrency markets continued their bullish tendencies on Monday with several of the major coins keeping their positions over the weekend. SegWitCoin (BTC) continued holding its own at $9,100 mark and was trading at around $9,120 at press time on Monday. Ethereum (ETH) also held on to its level at just under the $270 mark but appeared bullish at this level.
Bitcoin SV (BSV) was stable at the $212 level with very strong support. Ripple (XRP) was also in positive territory and was up by around 6% to the $0.43 level, whilst EOS remained just above the $7 mark with more bullish anticipation in this territory. Litecoin (LTC) was slightly down at around $135 after having reached the $138 mark over the weekend or a decline of around 2%.
Other larger market cap coins had mixed fortunes with Cardano (ADA) stable at just above the $0.09 level, whilst Stellar Lumens (XLM) was down by around 1% to just under the $0.13 mark. NEO continued rising, albeit minimally to around the $14.50 mark and also appeared bullish at this level. IOTA however went in the opposite direction and was down by around 4% to the $0.436 mark as selling pressure hit the market. BCHABC was down by around 1.6% to the $430 mark after having risen considerably over the weekend.
Coins with smaller market caps continued to stabilize their position with most of them showing considerable resistance. BAT was up by around 7% to the $0.35 mark, whilst ZEC remained stable at the $94.50 level after having risen by well over 10% over the weekend. HOT and QTUM were in positive territory by 5 and 3% respectively, whilst FTM began regaining some of its past losses with a rise of 5% to the $0.027 mark.
ZIL was another considerable climber and was up by no less than 13% to the $0.026 mark. Ethereum Classic (ETC) was slightly down by around 1.4% to the $8.70 mark.