Total capitalization of the Crypto Market (Totalcap) and Bitcoin (BTC) have virtually not a drop in the last 24 hours, which is a positive signal, despite low -market indications in the widest market. Movement (Move) had a relatively higher impact, with a drop of almost 6% in the same period.

In today’s news (28):

After the Viral Trend of Thursday with Studio Ghibli Theme, Binance Alpha listed two memecoins: giblification and giblicz. The giblification has reached a market capitalization of $ 35 million, while Ghiblicz reached $ 14 million, which led Binance to include them on its pre-roller Alpha platform.

Panama presented a bill to regulate cryptocurrencies and promote blockchain -based services to position itself as a fintech leader in Latin America. The proposal establishes a legal framework for digital assets, licensing requirements for service providers and compliance measures aligned with international financial standards.

The market of cryptocurrencies remain firm

The total capitalization of the cryptocurrency market fell less than $ 10 billion in the daily chart, which indicates stability. With US $ 2.78 trillion, the crypto market is not being strongly influenced by general macroeconomic conditions, suggesting resilience amid oscillations.

In the coming days, Totalcap should range between US $ 2.85 trillion and US $ 2.74 trillion. The market will continue to consolidate in this interval unless conditions improve or make it significantly worse.

If the market improves, capitalization can break the resistance of $ 2.85 trillion and move toward US $ 2.93 trillion. This would be an important target for investors, helping to recover recent losses and restore the high impulse.

Bitcoin finds stability

The price of Bitcoin is currently $ 86,690, within a consolidation range between $ 85,000 and $ 89,800. In addition, the price is stuck between the 50 and 200 -day exponential mobile averages (EMA), highlighting the lack of clear direction. This phase of consolidation reflects the indecision of the market and may precede a break or fall.

Although Bitcoin is approaching a possible Death Cross, its formation will depend on the behavior of investors and the general feeling of the market. If it falls below the $ 85,000 support, Death Cross can be triggered, intensifying the feeling of low and pressing the price.

On the other hand, if market conditions improve, Bitcoin could exceed 50 days and break the resistance of US $ 89,800. This break would nullify the low perspective and could signal the beginning of a rally.

Movement loses gains

Move was one of the worst performance coins of the day, falling about 6% in the daily chart. Nevertheless, the limited drop indicates stability in the market, suggesting that token’s performance is not being strongly impacted by high volatility. This can provide a more predictable price range.

Currently, MOVE is above critical support of $ 0.476. However, if the low signs gain strength, the token can lose this support and fall to $ 0.420, erasing recent gains and reinforcing the negative perspective.

If MOVE can keep up above the $ 0.476 support, it may break the resistance of $ 0.527. Turning this level to fully invalidate the low thesis and would make room for additional appreciation and possible reversal of recent losses.