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Bitcoin price failed to gain bullish momentum and is currently trading below $19,500. If there is a downside break below $19,000, the price may accelerate lower.
The cryptocurrency market is currently facing some important hurdles. The ETH coin topped out near $1,380 and has since corrected some of its gains. The XRP coin remains strong and has settled above the
Bitcoin price corrected gains and declined below the $19,300 level. BTC is following a bearish trend line with resistance at $19,100 on the hourly chart. A clear move above the trend line might send the price to the $19,330 resistance. The next major resistance is near $19,620, above which the price might gain pace.
On the downside, an initial support is near the $18,780 level. The next major support is near the $18,380 zone. Below which the price could even test the $18
Ethereum price has been struggling to settle above the $1,380 level and the 50-hour simple moving average. However, ETH has failed and started a slow decline. There was a move below the $1,350 level. The next major support is $1,
On the downside, there are a few key supports near the $1,320 and $1,305 levels. A break below the $1,305 level may perhaps start a fresh decline in the near term.
Cardano (ADA) is currently consolidating above the $0.450 zone. A break above the $0.48 resistance zone could see the price move towards the $0.
The recent market action in BNB suggests that it failed to test the $275 resistance in the near term and is now moving lower. This may provide an opportunity for investors to buy the dip as the next major
Solana (SOL) attempted to settle above the $32.50 resistance but was unsuccessful. The price is now slowly moving lower and is approaching the $31.20 level. The
Dogecoin attempted to break above the $0.0600 resistance but failed to do so. The price has now declined below $0.0595 and if there are more losses, it
\n The XRP price has increased by more than 10% and there was a decent increase above the $0.40 resistance. The price is now consolidating gains and there might be a fresh move
EOS is facing hurdles near $3.50, while COMP is correcting lower below $125. The cryptocurrency market is seeing some green today, with a few altcoins in positive territory. Among
Bitcoin is currently struggling to clear the $19,500 and $19,620 resistance levels. If the price falls below $19,000, it is likely that selling pressure
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