XRP, Litecoin, Chiliz Again Strongest Risers in Sideways Crypto Market

XRP, litecoin, chiliz weer hardste stijgers in zijwaartse cryptomarkt

The crypto market is cautiously turning green this morning. However, these are relatively small percentages and the prices have mainly moved sideways in recent days. There is still a lot of fear and hesitation in the market since the FTX crash.

Nevertheless, prices can break out after such a period of very low volatility. However, with the current low volumes, we also have to take into account fake outs on weekends. The total market capitalization rose 0.5% in the past 24 hours to $870 billion.

Bitcoin miners under heavy pressure

Bitcoin (BTC) made another attempt at $17,000 last night, but was again rejected. Still, with a price of $16,750, bitcoin is up 1% today.

The range in which bitcoin moves is getting tighter and that could lead to a breakout. Meanwhile, BTC continues to pour out of exchanges in droves.

However, analytics company Glassnode reports that the bitcoin mining hash price a new all time low has achieved. This means that miners are under more pressure than ever and if they have to capitulate, it could cause another blow to the price.

Ethereum price rises 2%

Ethereum (ETH) largely tracks bitcoin, and failed to reach $1,230 last night. ETH is currently seeking support around $1,210 which served as resistance yesterday and is up 2%. However, analysts are concerned that ETH could also take a significant drop if the market does not hold up.

XRP hardest riser, solana hardest faller top 10

The rest of the top 10 largest crypto also turns a cautious green, but they are even smaller percentages. Except for solana (SOL), which is still down 3.5% today.

Ripple (XRP), on the other hand, is the strongest climber in the top 10 and is up 2.8% today. With that, the price seems to want to make another attempt at $ 0.385 – $ 0.39. can XRP break through now?

Litecoin Up 6.6%

In the top 100 we again find a handful of races at the top, some of which have risen the strongest in recent times. Quant (QNT), aptos (APT) and leo token (LEO) are up about 5% today. Litecoin (LTC) is even up 6.6% in the past 24 hours to hit $62.6.

Stacks, trust wallet and chiliz again strongest risers in the top 100

Stacks (STX) is picking up strongly again and is up 7.5% at $0.25. Trust wallet (TWT) continues its massive rally, once again rising over 8% today to hit $2.3. Chiliz (CHZ) is the winner of the day and is up 9% with a price of $0.246.

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