Bitcoin Price At Key Breakdown Support | Etrhereum Price Moved Lower | BNB EGLD ATOM & LINK Anlysis
1 year ago
Wrapped Bitcoin
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#bitcoin
Bitcoin price slowly moved lower below $19,200 against the US Dollar. BTC is still trading above the main breakdown support near the $18,500 zone.
Bitcoin is slowly moving lower and there was a spike below the $19,000 level.
The price is trading below $19,200 and the 100 hourly simple moving average.
There is a key bearish trend line forming with resistance near $19,180 on the hourly chart of the BTC/USD pair.
The pair could start a steady increase if there is a clear move above $19,200 and then $19,500.
#ethereum
Ethereum price has been rejected again at the $1,299 price mark as the coin retraced on its chart over the past day. In the last 24 hours, ETH barely experienced price movement on its chart. Continued lateral trading will push Ethereum price to the $1,200 support level.
Bitcoin also remained mundane over the last 24 hours, and most altcoins have acted the same way. The technical outlook of Ethereum signalled that the bulls are not in control of the market. It was due to constant rejection at the $1,300 price mark.
Lack of demand will cause Ethereum to oscillate between the $1,260 and $1,360 price levels, respectively. In case the price momentum doesn�t pick up in the next trading sessions, ETH could even travel below the $1,200 support line.
#cryptocurrency
Today's Cryptocurrency Prices by Market Cap
The global crypto market cap is $920.87B, a 0.61% decrease over the last day.
The total crypto market volume over the last 24 hours is $45.22B, which makes a 15.97% decrease. The total volume in DeFi is currently $3.29B, 7.28% of the total crypto market 24-hour volume. The volume of all stable coins is now $41.84B, which is 92.53% of the total crypto market 24-hour volume.
Bitcoin�s dominance is currently 39.86%, a decrease of 0.06% over the day.
Bitcoin Bulls Are Comfirtable : https://youtu.be/vWU-KfU3KJI
Bitcoin Price At A Major Resistance : https://youtu.be/pfMyP-NME9Y