Bitcoin and Ethereum Continue To Struggle While EOS Surges

Bitcoin and Ethereum Continue To Struggle While EOS Surges

Bitcoin's price has been struggling to clear the USD 24,500 resistance zone recently. BTC slowly moved below the USD 24,200 and USD 24,000 levels, and is currently (04:00 UTC) struggling. This may

The cryptocurrency market is currently in a state of consolidation after a period of significant volatility. Most major altcoins are struggling to clear key hurdles, with ETH settling below USD 1,900 and XRP slowly moving higher towards USD 0.40.

of cryptocurrencies has surpassed $1 trillion The total market capital

The bitcoin price extended its decline after facing sellers below USD 24,500. BTC declined below the USD 24,200 and USD 24,000 levels. It tested the USD 23,650 zone, but there was no test of the USD 23,500 support zone. On the upside, the price might face resistance near the USD 24,200 level. The next resistance is near the USD 24,500 level,

If the bears remain in control, the price could decline towards the USD 23,500 support. A break below the USD 23,500 support might push the price towards the USD 23,200 support.

The ethereum price has been declining steadily over the past few days and is currently trading below the $1,920 support level. The price has even declined below the $1,900 level and is currently consolidating losses. on the upside, the price is facing resistance near the $1,920 level.

If the bears stay in control, the price could test the USD 1,850 support. If there is a downside break below USD 1,850, the price could accelerate lower in the near term.

Cardano (ADA) is still trading above the USD 0.55 support zone. The bulls seem to be facing resistance near the USD 0.575 level. The first major resistance is seen near the

The cryptocurrency market is currently seeing some consolidation after a period of strong gains. Bitcoin SV (BSV) is currently trading below the USD 320 level and if there is an upside break, the price may test

The digital asset SOL managed to stay above the USD 42.50 support zone and is slowly moving higher towards the USD 44.20 level. The key barrier for the bulls could be near the USD 45 level.

On the upside, there is a key bullish trend line forming with support near USD 0.0835 on the hourly chart of the DOGE/USD pair (data feed from Kraken). The

The XRP price is up over 4% and is approaching the USD 0.388 level. The main hurdle is near USD 0.40, above which the price might accelerate higher in the coming

The cryptocurrency market is seeing some green today, with a number of altcoins slowly moving higher. These include DOT, SHIB, LTC, XMR, FIL, XTZ, EOS,

Ethereum is currently struggling to gain momentum above USD 650, but it might rise if bitcoin breaks the USD 24,500 resistance. Bitcoin and Ethereum prices are currently consolid

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Snežana Gebauer is Partner and Chris Walsh is Manager at global advisory firm StoneTurn