Bitcoin price extended losses below the USD 21,000 level but managed to stay above USD 20,500 and recovered above USD 21,000 again. It is currently (03:50 UTC) trading near USD 21,070 and is almost unchanged in a day and down 10% in a week.
Similarly, most major altcoins are struggling to recover losses. ETH tested the USD 1,350 support before correcting higher. XRP traded close to the USD 0.32 support. ADA tested the USD 0.45 support zone.
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Benjamin Dean is the Director of Digital Assets at investment company WisdomTree in Europe.
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Bitcoin price settled below the USD 22,000 level. BTC is currently (11:44 UTC) struggling to stay above the USD 21,000 level. If the bears remain in action, there is a risk of a move towards the USD 20,000 support zone.
Similarly, most major altcoins are showing bearish signs. ETH could gain bearish momentum below the USD 1,400 level. XRP might continue lower towards the USD 0.32 support. ADA is signaling a move towards the USD 0.45 support.
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Bitcoin price settled below the USD 22,000 level. BTC is currently (11:44 UTC) struggling to stay above the USD 21,000 level. If the bears remain in action, there is a risk of a move towards the USD 20,000 support zone.
Similarly, most major altcoins are showing bearish signs. ETH could gain bearish momentum below the USD 1,400 level. XRP might continue lower towards the USD 0.32 support. ADA is signaling a move towards the USD 0.45 support.
Total market capitalization…
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Bitcoin price extended losses below the USD 22,500 level and declined below USD 21,500. It is currently (03:58 UTC) trading just below USD 21,200 and is down over 3% in a day and 5% in a week.
Similarly, most major altcoins are moving lower. ETH traded below the USD 1,450 support level. XRP might soon revisit the USD 0.32 support. ADA tested the USD 0.465 support.
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Bitcoin price declined below the USD 22,000 support zone but remained above the USD 21,500 support zone. It is currently (13:23 UTC) consolidating near USD 21,900 and is down almost 3% in a day and up 5% in a week.
Similarly, most major altcoins are trading above key support zones. ETH stayed above USD 1,500 while XRP struggled below the USD 0.35 support. ADA is showing bearish signs below the USD 0.50 zone.
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Bitcoin price started another decline after it failed to settle above the USD 23,000 zone. BTC corrected gains and traded below the USD 22,000 level. It is currently (04:09 UTC) trading near USD 21,900 and is down over 2% in a day and still up 5% in a week.
Similarly, most major altcoins have declined. ETH topped near USD 1,665 and declined below USD 1,550. XRP traded below the USD 0.35 support. ADA is also trading below the USD 0.50 zone.
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Bitcoin price remained well supported and moved above the USD 23,000 zone. BTC even climbed above the USD 23,400 level and is currently (10:20 UTC) up 2% in a day and 13% in a week.
Similarly, most major altcoins are showing signs of more gains. ETH surged almost 9% and was able to settle above the USD 1,600 level. XRP is rising towards the USD 0.40 level. ADA is back above the USD 0.5 resistance zone.
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After extending its correction below USD 23,000, bitcoin managed to stay above the USD 22,500 support and moved higher again. It is currently (03:50 UTC) trading near USD 22,950 and is up almost 1% in a day and 12% in a week.
Similarly, most major altcoins are showing signs of a fresh increase. ETH climbed 5% and almost retested the USD 1,600 resistance zone. XRP stayed above the key USD 0.35 support. ADA is attempting an upside break above the USD 0.50 zone….
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Bitcoin price started a downside correction from the USD 24,200 zone and spiked below USD 23,000. It is currently (11:20 UTC) trading near USD 22,600 and is down almost 5% in a day and up 12% in a week.
Similarly, most major altcoins are trading above key support zones. ETH stayed above the USD 1,450 support. XRP is consolidating near the resistance turned support at USD 0.35. ADA must stay above USD 0.48 to climb once again.
Total market capitalization…
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