July 10 Crypto market cap has dropped below $ 260 billion as yesterday’s fund outflows continue. As cryptocurrency capital rose to $ 273 billion yesterday, fund outflows accelerated. After the Altcoin market returned from the $ 100 billion limits yesterday, it started the day with $ 94 billion today. After the fund outflows, Bitcoin domination has increased to a certain extent again to the 64 percent band.
July 10 Crypto Support-Resistance Levels (Top 4)
We have set the daily support-resistance points of the 4 largest cryptocurrencies by capital value below:
BTC/USD
| Bitcoin | ||||||
| Resistance 3 | Resistance 2 | Resistance 1 | Pivot | Support 1 | Support 2 | Support 3 |
| 9.557,33 | 9.450,37 | 9.384,29 | 9.277,33 | 9.170,37 | 9.104,29 | 8.997,33 |
Bitcoin had moved towards $ 9,500 the day before. However, yesterday the bears deleted their Bitcoin earnings. The opening of the day in BTC/USDT started with the seller.
BTC/USDT moves below $ 9,270 pivot early in the day. The $ 9,100 level also seems to be an important support point today. Hourly candle closings below this value may cause shifts towards the $ 8,900 band. Bitcoin needs a daily close above $ 9,280 to recover in the short term.
ETH/USD
| Ethereum | ||||||
| Resistance 3 | Resistance 2 | Resistance 1 | Pivot | Support 1 | Support 2 | Support 3 |
| 252,61 | 248,78 | 246,41 | 242,59 | 236,39 | 236,39 | 232,57 |
This week Ethereum’s critical resistance was $ 250. With sales orders concentrating just below this value, Ether fell down to $ 235.
Today, the pivot level at $ 242 has been followed as an important price for the continuation of the rise, while candle closings below the average of $ 235 can lead to increased losses.
XRP/USD
| XRP | ||||||
| Resistance 3 | Resistance 2 | Resistance 1 | Pivot | Support 1 | Support 2 | Support 3 |
| 0,2157 | 0,2112 | 0,2084 | 0,2039 | 0,1994 | 0,1967 | 0,1922 |
XRP has seen a sharp rise this week and managed to reach the 20 cents band. However, yesterday’s volatile trades showed that XRP / USDT was priced again under 20 cents when bears were dominant.
According to current price movements, hourly closings of XRP below $ 0.192 may cause a shift towards $ 0.188. If it holds on to the $0.192 support, $0.196 will become important in order to regain the 20 cents band.
BCH/USDT
| Bitcoin Cash | ||||||
| Resistance 3 | Resistance 2 | Resistance 1 | Pivot | Support 1 | Support 2 | Support 3 |
| 248,77 | 245,18 | 242,96 | 239,38 | 235,79 | 233,57 | 229,99 |
Bitcoin Cash tried to break the $ 240 resistance in this week. But it has not yet succeeded Also it failed to break this resistance in June. Although BCH was moving towards $ 245 this week, altcoins were seen to fall as day closings remained below $ 240.
In the Bitcoin Cash market, which dropped below $ 235 at the beginning of the day, $ 230 can be followed as critical support. If BCH could close the day above $ 235, we can see that it can test $ 240 again at the weekend trade.
