The cryptocurrency market opened the day with a mix of gains and losses, reflecting cautious sentiment among traders. Hereโs the latest snapshot of todayโs price action and trading volumes for major cryptocurrencies:
Ethereum (ETH/USDT): $2,978.87 ๐ป 6.40% | 24h Volume: 1.64B (โ Rs834,024)
Ethereum sees a sharp correction today, indicating strong selling pressure. Traders are watching the $2,900 support level closely.
PAX Gold (PAXG/USDT): $4,880.86 ๐บ 3.97% | 24h Volume: 144.79M (โ Rs1,366,543)
PAXG continues to outperform as investors look for stability in tokenized gold amid market volatility.
DEXE (DEXE/USDT): $3.008 ๐ป 2.34% | 24h Volume: 147,245 (โ Rs842)
DEXE experiences mild selling today, consolidating near $3.00. Short-term traders may find opportunities on rebounds.
BANANA (BANANA/USDT): $6.18 ๐ป 1.75% | 24h Volume: 1.20M (โ Rs1,730)
BANANA shows minor decline, reflecting a cautious mood in the altcoin sector.
ZEN (ZEN/USDT): $10.115 ๐ป 5.33% | 24h Volume: 17.40M (โ Rs2,832)
ZEN drops significantly today, indicating potential profit-taking among investors.
Litecoin (LTC/USDT): $68.88 ๐ป 1.73% | 24h Volume: 49.18M (โ Rs19,285)
Litecoin holds near key support, showing stability despite broader market pressure.
Zcash ($ZEC /USDT): $353.25 ๐ป 3.11% | 24h Volume: 125.11M (โ Rs98,903)
ZEC follows the overall market downtrend, but remains above crucial technical levels.
DASH (DASH/USDT): $68.69 ๐ป 7.90% | 24h Volume: 68.12M (โ Rs19,232)
DASH faces the steepest decline today, reflecting increased bearish sentiment in mid-cap coins.
Yearn Finance (YFI/USDT): $3,376 ๐ป 1.80% | 24h Volume: 852,937 (โ Rs945,212)
YFI sees minor correction but remains above psychological support, attracting cautious investors.
๐ก Market Overview:
Todayโs crypto market reflects mixed sentiment. Ethereumโs sharp decline is the highlight, while PAXG remains a safe haven for cautious traders. Altcoins like ZEN and DASH saw heavier losses, signaling short-term profit-taking and volatility. Overall, the market is in a consolidation phase with traders carefully watching support levels and trading volumes.
โก Insight for Traders:
Watch ETH near $2,900 for potential rebound.
PAXG may continue its steady upward trend.
High volatility in mid-cap altcoins like DASH and ZEN suggests short-term trading opportunities.#zec #dash #paxg #PAXGUptrend
