Asian Crypto Markets: Gainers and Losers
Asian cryptocurrency markets are thriving, with notable gains and losses. The region is home to major crypto names and bustling exchanges, making it a global hub for traders and enthusiasts.
Main Breakdowns:
– Bitcoin (BTC) shows a slight increase of 0.22% at $29,397, while Ether (ETH) experiences a minor dip of 0.31% at $1,863. Ripple XRP also slightly decreased by 0.86% to $0.7053. These top coins have a 24-hour trading volume of around $16.170 billion.
– Biggest gainers:
1. Bitcoin SV (BSV) has grown by 5.21% in the last seven days and 8.38% in the last 24 hours. It is currently priced at $38.69.
2. Optimism (OP) has seen a 7.47% increase in the past seven days and 33.30% in the last month. It is priced at $1.69.
– Biggest losers:
1. Curve DAO Token (CRV) has seen a drop of 11.32% in the last 24 hours. It is currently priced at $0.6506.
2. Frax Share (FX) is down 6.55% in the last 24 hours, priced at $6.06.
– Bitcoin SV (BSV) analysis: On the 4-hour chart, BSV is currently trading at $38.69. Short-term resistance is at $40.33 and longer-term resistance is at $42.43. Breakthrough could lead to bullish momentum, while support levels are at $38.07 and $35.20.
– Optimism (OP) analysis: The price of OP is approaching $1.705, with short-term resistance at $1.705 and long-term resistance at $1.85. Breakthrough could result in significant price increase, while support levels are at $1.485 and $1.604.
– Curve DAO Token (CRV) analysis: CRV is currently trading at $0.6491, with resistance levels at $0.6840 and $0.7050. Support levels are at $0.6410 and $0.6120.
– Frax Share (FX) analysis: FX is trading at $6.06, with resistance levels at $6.091 and $6.171. Support levels are at $6.006 and $5.912.
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In conclusion, the Asian crypto market is experiencing both gains and losses. Bitcoin and Ether show slight fluctuations, while Bitcoin SV and Optimism are among the gainers. Curve DAO Token and Frax Share are among the losers. Investors should carefully analyze resistance and support levels before making investment decisions. Additionally, Wall Street Memes presents an interesting opportunity for those looking to invest in a unique crypto project.
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