While Bitcoin keeps stagnating between $10,000 and $10,500, the top coins are trying to grow against the leading crypto. In this regard, ADA is the top gainer, as its rate has increased by 1.25% over the day in correlation to BTC. However, the dominance rate of Bitcoin has not fallen below 70% and makes up 70.2%.
Let’s compare the key data of Ethereum, EOS, Litecoin, and Binance Coin.
$3 457 668 944
$1 364 552 478
$19 481 080 032
$5 892 933 673
$4 359 791 674
$2 341 555 890
$3 261 613 666
$169 358 372
Unlike other coins, Ethereum is showing one of the biggest growth against Bitcoin. Its rate has gone up by around 1% over the last 24 hours.
On the 4H chart, the leading altcoin touched the bottom at the level of 0.016 BTC on September 6. Now ETH is moving within the bullish trend and the nearest support is located at the point of 0.018 BTC. The MACD indicator is about to confirm the upward movement, as the blue line is crossing the red one, which is a signal of a trend change.
Ethereum is trading at 0.0175 BTC at press time.
EOS is looking less positive than ETH against Bitcoin. At press time, its price is loosing 0.66% compared to the yesterday rate.
According to the chart, EOS rocketed by more than 20% just within 2 days. Now, the coin is moving in the descending channel with the closest support at 3400 satoshi. Respectively, that mark is supposed to be achieved until September 20. Thus, the low level of trading volume confirms the ongoing decline.
EOS is trading at 0.00035959 BTC at press time.
Litecoin is trading in similar patterns to EOS, however, the situation is more positive for the ’digital silver’. Currently, LTC is located in the red zone in correlation to Bitcoin.
On the 4H chart, LTC has been bearish since September 11 and there are no reasons for a sharp price rise. The lines of MACD neither going up no down, confirming the start of the short-term consolidation period. In this case, the price is likely to locate in the yellow range between the support at 0.0066 BTC and resistance at 0.0068 BTC shortly.
LTC is trading at 0.00667838 BTC at press time.
Binance Coin cannot get out of the bearish mood and has lost about 0.5% over the last day.
Although BNB is trying to growth against BTC, the general picture remains bearish. Even though the trading volume is neither high no low, one cannot think about a trend change until the coin breaks the 0.002045 BTC mark. Currently, sellers have not given up their position and the scenario is bearish.
BNB is trading at 0.00203270 BTC at press time.