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On Monday, December 30, the majority of cryptocurrencies showed more losses than gains on their price charts. The price of bitcoin broke $95195.00 and closed the earlier daily candlesticks below it. This indicates that the projected judicial cautious trend will continue during the day and short-term basis, with the next opposite targets being $91000 and $87055.
Bitcoin stayed above its 200-day average price despite the weekend decline, indicating strong demand for buying at the lower levels. Furthermore, the RSI is at 42 right now, meaning that Bitcoin is neither oversold nor overbought. Edul Patel, CEO of Mudrex, said that the support for Bitcoin is still at the previous low of $92,800, while the next hurdle is at $96,600.
Bitcoin (BTC) Price Today
Price: $93,000
24-hour dip: 1.74 %
Ethereum (ETH) Price Today
Price: $3407
24-hour jump: 0.57%
Dogecoin (DOGE) Price Today
Price: 0.3194
24-hour dip: 2.65%
Litecoin (LTC) Price Today
Price: $102.06
24-hour gain: 0.68%
Ripple (XRP) Price Today
Price: $2.07
24-hour dip: 5.44%
Solana (SOL) Price Today
Price: $192.36
24-hour loss: 2.08%
Top Crypto Gainers Today on December 30
Here are the top 5 crypto Gainers today on December 30, 2024:
Ethena (ENA)
Price: $0.9779
24-hour gain: 3.77%
KuCoin Token (KCS)
Price: $11.16
24-hour gain: 2.95%
FTX Token (FTT)
Price: $3.62
24-hour gain: 2.94%
Lido DAO (LDO)
Price: $1.84
24-hour gain: 0.71%
Fantom (FTM)
Price: $0.784
24-hour gain: 0.53%
Top Crypto Losers Today on December 30
Here are the top 5 crypto losers today on December 30, 2024:
Bitget Token (BGB)
Price: $6.24
24-hour loss: 19.25%
Pudgy Penguins (PENGU)
Price: $0.03199
24-hour loss: 10.50%
Beam (BEAM)
Price: $0.02619
24-hour loss: 6.83%
Mantra (OM)
Price: $3.59
24-hour loss: 5.74%
Ripple (XRP)
Price: $2.06
24-hour loss: 5.58%
Crypto Exchanges' Reactions to the Present Market Situation
Avinash Shekhar, co-founder and CEO of Pi42 stated:
"Bitcoin had the worst winter in December as it started to lose its value under the extra pressure of trading from the shares".
Bitcoin merely closed below the 50-day simple rising average price of $96,124 on December 27, showing the power of bulls, despite purchasers' best efforts to break beyond the $100K barrier. If Bitcoin holds the 90K mark, bulls will probably struggle for a defence. However, only a strong break over 100K might highlight the bullish trend once more. If BTC is unable to hold the crucial technical mark, it may fall to lows of 76,647.
Sathvik Vishwanath, CEO and co-founder of Unocoin stated:
“Bitcoin’s price action leans bearish as it approaches key support at $92,118, following a sharp decline from its $108,364 all-time high. The EMA20 at $97,149 trends downward, acting as resistance, while the Donchian channel basis at $100,241 remains untested.”
Shivam Thakral, CEO of BuyUcoin stated:
“With a price of $3,400, up 0.53% in the past day, Ethereum has proven market flexibility. Strong fundamentals and investors' ongoing optimism about the asset's future are reflected in this rise.”
