July 18 Crypto Market Summary: Bitcoin and Altcoin Daily Analysis

The current figures for the July 18 crypto markets are as follows:

  • Total Market Value (day opening): $ 264.62 billion
  • Altcoin market cap: $ 95.92 billion
  • Bitcoin domination: 63.75%
  • Total trading volume (24 hr): $ 47.66 billion

Top 4 crypto current status in the list sorted by capital value (except Tether) as in the table:

Coin Market Cap Price Change (24h)
Bitcoin $168,105,419,629 $9,118.42 0.12%
Ethereum $26,107,532,104 $233.51 0.19%
XRP $8,610,082,457 $0.194544 1.08%
Bitcoin Cash $4,126,746,468 $223.49 0.16%

According to the recent 24-hour price movements, the top 10 cryptocurrencies fell by an average of 0.84 percent. Chainlink (LINK), which has attracted attention with volatile movements in recent days, dropped by 6.44 percent in yesterday’s transactions and became the most losing coin.

July 18 Crypto Support-Resistance Levels (Top 4)

Based on yesterday’s price movements in the list sorted by capital value (excluding Tether), we determined the daily support resistance levels of the top 10 cryptocurrencies as follows. The pivot levels we have determined are likely to be the determining price levels for the daily direction of Bitcoin and high-value altcoins, while support and resistance prices are possible values ​​that the market can react to.

BTCUSDT

Bitcoin
Resistance 3 Resistance 2 Resistance 1 Pivot Support 1 Support 2 Support 3
          9.240,00           9.202,95           9.180,05           9.143,00           9.105,95    9.083,05           9.046,00

The downtrend continues in bitcoin. BTCUSDT hourly candle closings below $ 9,150 may cause the pair to sag below $ 9,000.

ETHUSDT

Ethereum
Resistance 3 Resistance 2 Resistance 1 Pivot Support 1 Support 2 Support 3
             236,27              235,04              234,27              233,04              231,81        231,04              229,81

Ethereum fell sharply as it failed to hold on for $ 240 this week and fell back to $ 230. While $ 233 will appear as a pivot today, if this level cannot be exceeded, $ 230 can be broken in ETH.

XRPUSDT

XRP
Resistance 3 Resistance 2 Resistance 1 Pivot Support 1 Support 2 Support 3
0,1998 0,1977 0,1965 0,1944 0,1923 0,1910 0,1890

XRP climbed to $ 0.194 this week after seeing a bottom at $ 0.1188. If the hourly candle close above $ 0.195 comes today, the upward trend may continue.

BCHUSDT

Bitcoin Cash
Resistance 3 Resistance 2 Resistance 1 Pivot Support 1 Support 2 Support 3
             225,94              224,94              224,32              223,31              222,31        221,69              220,68

Bitcoin Cash is in a downtrend in the short term. First, he needs hourly candle closings above $ 223. BCH needs to close the day above $ 225 to break the current trend today.

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