- Bitcoin cost declined over 6% and traded below $19,000.
- Ethereum declined over 10% and traded below $1,320, XRP traded below $.35.
- ETC, EOS, and RVN are lower over 15%.
Bitcoin cost unsuccessful to remain over the key $19,500 support zone. BTC is presently (03:30 UTC) lower over 6% and buying and selling below $19,000. It appears like ether’s cost decline is dragging bitcoin lower and can push it towards $18,000 or $17,800.
Similarly, most major altcoins are gaining bearish momentum. ETH began a significant decline and traded underneath the $1,320 support. XRP is moving lower for the $.335 support. ADA might revisit the $.42 support zone.
Following a bearish reaction underneath the $19,500 support, bitcoin cost began a significant decline. BTC declined over 6% there would be a obvious move underneath the $19,000 level. The cost has become moving lower for the $18,500 support zone. The following major support is close to the $18,200 zone, below that the cost may even test the $18,000 support zone.
Around the upside, the BTC cost is facing resistance near $19,000. The following major resistance has become close to the $19,350 level along with a connecting bearish trend line around the hourly chart, above that the cost might test the 50-hour simple moving average.
Ethereum cost battled to obvious the $1,480 and $1,500 resistance levels. ETH declined heavily underneath the $1,400 level and also the 50-hour simple moving average. It also broke the $1,320 level and tested the $1,280 support. The following major support is $1,250, below which cost could revisit $1,200.
Around the upside, an instantaneous resistance is close to the $1,325 level. The following major resistance has become developing close to the $1,350 level.
ADA, BNB, SOL, DOGE, and XRP cost
Cardano (ADA) unsuccessful to obvious the $.50 resistance zone. It reacted towards the downside and traded below $.450. Anymore losses might send the cost for the $.42 support.
BNB is lower over 5% there would be a move underneath the $265 support zone. The following major support sits at $250, below which there’s a danger of the move for the $232 level soon.
Solana (SOL) is again moving lower for the $30.00 support. When the bears stay in action, the cost may even test the $28.50 level. On the other hand, it could rise and try out the $32.50 resistance.
DOGE traded underneath the key $.060 support level. It’s now lower over 7% and subsequently major support is close to the $.0550 level. Anymore losses might send the cost for the $.0535 level within the coming sessions.
XRP cost is moving lower for the $.335 support zone. When the bulls neglect to safeguard the $.335 support zone, there’s a danger of the move for the $.320 level.
Other altcoins market today
Many altcoins are lower over 12%, including ETC, EOS, RVN, CRV, CEL, KSM, LDO, WAVES, AR, SNX, NEAR, and FLOW. On the other hand, CHZ expires over 5% and showing positive signs over the $.23 level.
Crypto token presale Tamadoge hit its difficult cap earlier today, another positive sign for brand new altcoins.
Overall, the bitcoin cost is gaining bearish momentum underneath the $19,000 level. If BTC slides further, there’s a danger of the move for the $17,800 level within the short-term.