After a sudden sudden accident in the market on October 30th, the cryptocurrency markets seem to have stabilized. The cause of a sudden crash is due to the acquisition of Bitstamp. Since then the market has something that has stabilized except for some occasional bumps.
Litecoin, XRP, Tron and IOTA show an upward trend, while both Bitcoin and Ethereum are showing a negative trend. Bitcoin money moves sideways.
The price of Litecoin is slowly moving higher and has recently broken a key resistance point of $ 50 after going under $ 49 due to the cryptocurrency crash flash. The volume of Litecoin has seen a decrease. The current volume is $ 316 million while the previous day's volume was $ 354 million.
XRP has become the first cryptocurrency to show an upward trend after Cryptocurrency's crash flash crash. But according to Twitter operators, XRP still shows downward trends. XRP is currently trading at $ 0.45, an increase of 1.77% over the last 24 hours.
The IOTA has by far shown the biggest upward trend among all the top 15 cryptocurrencies. The cryptocurrency has increased by 2.67% in the last 24 hours. The IOTA is currently trading at $ 0.48 and traders believe it should exceed the critical resistance of $ 0.50 over the next 24 hours.
The month of November started on a positive note with the markets that added $ 5 billion. The cryptocurrency markets have stabilized and range between 205 and 209 billion dollars,
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