Ethereum {ETH}, Binance Coin {BNB}, Tezos {XTZ} price analysis and likely limits

Fibo Quantum

Ethereum is positioned beneath the king coin in the market. The price dipped at a rate of 1.26% in the course of the past 24-hours. The trading volume recorded is $6.356 billion, whereas the supply has 107,451,084 ETH coins in play. The total market cap of Ethereum is $20.382 billion. As for now, ETH is priced at $189.69.

The bullish divergence was observed after 20th August [from 14th till the 17th ETH was being oversold]. The daily RSI [for 10 periods] is at 39.64 and is pointing downwards. The Ichimoku Cloud has been red since the 9th of this month. However, the MACD line is slightly north of the signal line, pointing to a possible [but slight] chance of trend change. Resistance will be experienced near $203.6, while support can be found close to the $174 mark.

Binance Coin is ranked at #6 on coinmarketcap. The price of BNB stands at $26.40. BNB diminished at a rate of 2.28%. The trading volume recorded is $169.660 million, and the supply has 155,536,713 BNB coins in circulation. The total market cap of Binance Coin is $4.106 billion.

There is a big chance that BNB will be impacted by sellers in the near future. The RSI is 36.32 and looks to be declining. The MACD line is also south of the signal line [for the last 8 days, the histogram has been red]. Resistance will be felt if BNB manages to rise to $32.35, whereas support has been established near $25.29.

Tezos is ranked at #19 in the market. A boost rate of 0.41% made XTZ reach $1.15. The trading volume recorded is $9.580 million, while the supply has 660,373,612 XTZ coins included. The total market cap of Tezos is $756.733 million.

The Ichimoku Cloud is green from 26th August onwards, indicating a possible return of bullish momentum. Key resistance lies near the $1.59 mark, while support stays close to the $1.049 region. Tezos has been influenced by bearish divergence in the recent past [XTZ was overbought from 1st to 6th August; can be attributed to Coinbase and eToro listing].