Price Analysis 11/27: BTC, ETH, XRP, LINK, BCH, LTC, BNB, DOT, ADA, BSV

• The overall market conditions are looking to improve the price levels of respective crypto assets after suffering heavy damages to Thursday’s market session
• The market capitalization of the market is $514.85B resulting in a decline of -3.16% over the day 
• The 24-hour volume traded of the total crypto market over the 24 hours is at $ 261.23B increasing by 3.93%
• The dominance of the crypto king remains at 62.16% resulting in a decline of -0.58% 

BTC/USD 

BTC is holding above the major support level of $17200 quite well and avoiding any further damage to the price levels. The CMP is now placed at $17290.98 facing an overall loss of -3.04% bringing the market capitalization to $ 320,842,048,234 and the 24-hour volume traded of $ 55,446,074,720. The world’s largest crypto asset can sustain its positive sentiment in the overall market conditions if it can sustain above the crucial mark of $17k and major support placed at $17200 and $16400 respectively 

ETH/USD 

Ethereum managed to have a positive bounce back above the crucial mark of $ 500.00 on Friday’s market session. The CMP is now placed at $ 526.84 with a marginal loss of -0.54% bringing the market capitalization to $ 59,846,802,890 and the 24-hour volume traded of $ 26,848,279,08. The ETH/BTC pair is now performing positive with an overall gain of 2.64%, bringing the current level to 0.03044243, which can help to revive Ether’s positive momentum. 

XRP/USD 

Ripple also managed to have a positive bounce back from the significant support level of $0.47 and turned green on Friday’s market session. The CMP is now placed at $ 0.560236 with an overall gain of 0.50%, bringing the market capitalization to $25,405,704,857 and the 24-hour volume traded of $23,249,202,332. The XRP/BTC pair has also turned positive with an overall gain of 3.46%, bringing the current level to 0.00003240 BTC. 

LINK/USD 

After touching the critical support area around $11.50 on the downside, Chainlink was able to bounce back firmly above the crucial mark of $12.00. The CMP is now placed at $12.69 with a marginal loss of -0.30% bringing the market capitalization to $ 4,991,841,833 and the 24-hour volume traded at $2,680,838,137. The LINK/BTC pair is also performing positive with an overall gain of 3.10%, bringing the current level to 0.00073314 BTC. 

BCH/USD 

Bitcoin Cash has arrived on its pre-November levels on the downside after facing a decline of around 30.00% from the past couple of days. The CMP is now placed at $270.76 with an overall loss of -6.50%, bringing the market capitalization to $5,031,780,503 and the 24-hour volume traded of $4,190,717,143. The BCH/BTC pair is also performing negative with an overall loss of -6.50%, bringing the current level down to 0.01570329 BTC. 

LTC/USD 

Litecoin continued to suffer heavy price damage on Friday’s market session while facing an overall loss of -10.00% over the day. The CMP is now placed at $70.90 bringing the market capitalization to $ 4,676,359,001 and the 24-hour volume traded of $ 7,905,160,265. The LTC/BTC pair is also facing a significant downtrend with an overall loss of -5.00%, bringing the current level down to 0.00411559 BTC.  

BNB/USD 

The significance of the negative reversals faced by Binance Coin from the major resistance level of $35.00 got increased on Friday’s market session resulting in an overall loss of -5.43% over the day. The CMP is now placed at $28.38 bringing the market capitalization to $ 4,098,185,498 and the 24-hour volume traded to $ 548,886,874. The BNB/BTC pair is also facing a significant downtrend with an overall loss of -1.34%, bringing the current level down to 0.00164750 BTC.  

DOT/USD 

Polkadot suffered a negative breakout below the crucial mark of $5.00, providing bearish signals for the day. The CMP is now placed at $4.90 with an overall loss of -1.82% with the DOT/BTC pair performing positive by 2.78%, bringing the current level to 0.00028516 BTC. The market capitalization has reached $4,315,754,858 with the 24-hour volume traded at $1,226,078,185. The price levels are having major support placed at $4.50 on the downside. 

ADA/USD 

Cardano continues to trade negative on Friday’s market session and looking vulnerable to slip below the resistance level of $0.13. The CMP is placed at $ 0.137251 while facing an overall loss of -1.42%, bringing the market capitalization to $4,270,217,642 and the 24-hour volume traded of $2,051,928,901. However, the ADA/BTC turned positive with a gain of 3.25%, bringing the current level to 0.00000799 BTC and looking potential to revive the crypto asset’s positive momentum. 

BSV/USD

Bitcoin SV was unable to sustain levels above the crucial mark of $200.00, resulting in heavy price damage for the past couple of days. The coin faced an overall loss of -8.21% on Friday’s market session bringing the CMP to $164.85. The market capitalization has reached $3,063,186,755 with the 24-hour volume traded of $1,173,558,662. The BSV/BTC pair is also performing negative with a loss of -4.105 bringing the current level down to 0.00959732 BTC.