Tron (TRX) up 18 percent, in a mixed day for the market

21 Dec, 2018
by David Robb
Price Action
Tron (TRX) up 18 percent, in a mixed day for the market

The last 24 hours in the crypto market have been a mixed bag in terms of gains and losses. Tron (TRX) has seen a price increase of around 18 percent, while other tokens are slightly down.

Total market cap/BTC dominance:

Total market cap currently stands at $131.54 billion, which is more or less the level it started at 24 hours ago, holding on to the gains that the market has seen in the last few days. Altcoin overachievers have seen BTC dominance fall back down to 53.4%.

Bitcoin (BTC) - $4,023.30 (-2.09%)

The BTC price has stayed above the psychological $4k level, although it is down for the 24h period for the first time since December 17. A new resistance at around $4190 needs to be broken for the rally to extend into the new year.

Top 10

BTC has seen the biggest loss of the top 10 over the last 24 hours, but about half of the tokens are down around 1 percent or so. Bitcoin Cash (BCH) is up by 2.4%, and Ether (ETH) has seen gains of around 1 percent. Tron (TRX), back in the top 10 again, is by far the biggest gainer. It is up by 18.27% for the 24h period, possibly riding high on recent news about the success of its dApps.

Image from Gyazo

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