Bitcoin Price Keeps Strugling | Break Down Or Breakout Expected | Ethereum Price Eyes Fresh Decline
1 year ago
Ethereum
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#bitcoin
Bitcoin price is struggling to climb above the $20,000 resistance against the US Dollar. BTC could decline heavily if there is a close below the $18,500 support.
Bitcoin remained in a range and stayed above the $19,000 support zone.
The price is trading below $19,400 and the 100 hourly simple moving average.
There was a break below a key bullish trend line with support near $19,350 on the hourly chart of the BTC/USD pair.
The pair could start a fresh decline if there is a clear move below the $18,500 support.
#ethereum
Ethereum price also started fresh decline after it failed to clear the $1,350 resistance zone. ETH declined below the $1,320 support and the 50-hour simple moving average. It is now trading below $1,300, with an initial support at $1,280. The next major support is $1,255, below which price could gain bearish momentum.
#cryptocurrency
Today's Cryptocurrency Prices by Market Cap
The global crypto market cap is $923.18B, a 1.57% decrease over the last day.
The total crypto market volume over the last 24 hours is $46.44B, which makes a 28.99% increase. The total volume in DeFi is currently $3.86B, 8.31% of the total crypto market 24-hour volume. The volume of all stable coins is now $44.06B, which is 94.88% of the total crypto market 24-hour volume.
Will Bitcoin Maintain Uptrend Next Week : https://youtu.be/BurjZzha_2g
Bitcoin Monthly Report : https://youtu.be/EhrmzAFULMM
Bitcoin�s dominance is currently 39.68%, an increase of 0.13% over the day.