Today is a good day for trading cryptocurrencies. The general trend of the market is positive and almost all the major cryptocurrencies are on a boom. It is an interesting time to be trading in cryptos. Let us take a look at some of the most popular cryptocurrencies and how they have performed over the past 24 hours. These include Bitcoin, Ripple, Ethereum, Bitcoin Cash, Cardano, Litecoin, IOTA and NEO. Here’s a look:
Bitcoin has had a stable growth over the past 24 hours. The apex cryptocurrency has been booming slowly – and is showing a stable growth. Bitcoin grew from $13800 to $14400 over the past 24 hours. After a period of unstable free falls and major corrections, any growth in Bitcoin is looked as a positive sign. If a similar growth pattern continues, the currency is expected to cross the $19000 mark soon.
Ripple has been quite volatile of late. The currency was originally following a dangerous trend where it was projected to fall below $1.25. However, since the news broke that Ripple and Moneygram are teaming up for international money transfer, the price of the currency got a major boost. 24 hours ago, Ripple was at a price of $2.06 – and has since gained a little more as it currently rests $2.09.
The past 24 hours have been a happy time for the Ethereum investors as the currency has shown a good growth. The price of Ethereum grew from almost $1200 to $1350 in 24 hours. The currency has shown a strong, positive growth and is expected to move on a similar trajectory over the next few days till it faces a minor resistance followed by a correction.
Bitcoin Cash (BCC)
Bitcoin Cash which emerged after the fork of Bitcoin last year has been one of the most intriguing currencies. The currency faced many small ups and downs but overall the past 24 hours have shown a good growth for those who have invested in Bitcoin Cash. The currency moved from $2516 to $2619 in the past 24 hours – a profit of a little over $100.
The last 24 hours were quite successful for those who had invested in Cardano (ADA). The price of the currency went from $0.7 to $0.9 – a small gain – but considering the holdings are massive – Cardano looks to show a positive and stable growth in the long run.
Over the past few months, Litecoin has suddenly emerged with a gusto. The currency has been on a steady rise – and the last few months have been great for them. The past 24 hours where markets have been going green for almost all altcoins saw Litecoin rise from $232 to $245.
Another popular currency which has shown a promising growth over the past few months is IOTA – which is all about the Internet of Things. IOTA grew from $3.45 to $3.90 in the past 24 hours. On paper this does not sound like a monumental growth, but IOTA has been expected to boom and cross $9 and $10 marks over the next few weeks, probably a good hodl.
Last but not the least, NEO too, has been on quite a growth rally over the past few months. The last 24 hours have been good for NEO – as the currency rose from $118 to $130 – the growth has been stable over the past 24 hours and a similar trend is expected to continue till NEO faces a resistance.