Less than 24 hours ago, the cryptocurrency market moved upwards to over 9 percent in value but it has struggled to follow that upward trend of moving forward even though the market had a positive effect.
This is as a result of some digital assets struggling to gain momentum though the major assets or digital tokens all had an increase in price percentage values.
The overall market had an increase of 1.23 percent mainly thanks to Bitcoins halving which occurred a few days ago.
not crediting the progress to bitcoin alone because Ethereum which host 90 percent of tokens played a huge part in stabilising supported tokens.
Market price update with percentages.
As shown in the screenshot above, Bitcoin had a decrease of -2% after reaching $9,800 before rallying back with an increase in price percentage of 1.73% to stay at $9,686. Ethereum, Bitcoin Cash, XRP, Litecoin also had an increases of 0.82%, 0.39%, 0.06%,1.02%.
EOS, Tezos, Chainlink, Ethereum Classic, Cosmos and Augur were the other assets with an increase in percentage values of 3.51%, 0.47%, 1.51%, 0.16%, 1.42% and 1.59% respectively.
The rest of digital tokens in coinbase's top 20 cryptocurrencies all had a decrease or top loss in their price values.
They are Stellar Lumens -0.93%, Dash -0.28%, ZCash -0.24%, BAT 0.79%, Ox -2.24%, Kyber Network -1.42%, Dai -0.32% and Orchid -1.42%.
These tokens have the potential to undertake a bullish pattern as it has done so before and also to drop down in value as well.
With the current trend i expect the prices of all assets to move up and attain new heights in a month or two.
What do you think ?