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Ripple started an upside correction from the $0.2220 support area against the US Dollar. XRP price is now testing $0.2450 and it must surpass $0.2500 for a fresh rally to $0.3000.Ripple price is currently recovering above the $0.2320 and $0.2400 levels against the US dollar.The price is now facing a
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Bitcoin (BTC) has spent much of the last week in freefall, sinking to a low of $8,520, just as the Coronavirus outbreak prompts widespread panic in the financial world due to its potentially cataclysmic impact on the global economy. This negative correlation between a global crisis and the value of
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Worried traders dumped bitcoin positions again on Thursday as it failed to serve as an insurance asset amidst rising Coronavirus fears.The bitcoin-to-dollar exchange rate fell to $8,520 in a massive overnight selling, extending its net week-to-date losses by up to 15.05 percent. The downside move came alongside a $$196 million
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The bitcoin price plunged by around eight percent overnight against the USD in one of the strongest long squeezes in recent months.The pullback stopped right at 200-day exponential moving average (EMA), and the dominant cryptocurrency has started to show signs of recovery.Bitcoin is recovering at a key levelThe 200-day EMA
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Bitcoin started a major downside correction from the $10,521 yearly high against the US Dollar. BTC price declined below $9,000, but it is still in a larger uptrend above $8,000.Bitcoin started a major correction from well above the $10,000 level against the US Dollar.The price is down more than 15%
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Ripple remained in a major downtrend from well above the $0.2650 level against the US Dollar. XRP price tested the $0.2240 support area and it could correct higher in the short term.Ripple price is down close to 6% and it broke the $0.2350 support area against the US dollar.The price
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Ethereum is down another 10% and it broke the main $230 support area against the US Dollar. ETH price is now approaching the key $205 and $200 support levels.Ethereum is down more than 25% in the past two days against the US Dollar.The price traded close to the $205 support
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Bitcoin’s price touched an intraday low of $8,620.00, its worst showing in a month. The sudden drop follows a chaotic two days for U.S. stocks, as the Dow crashed almost 2,000 points over that stretch. Gold has rallied in the wake of the stock-market collapse while bitcoin has languished.
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Bitcoin, as put by a number of analysts, is “puking.” As of the time of writing this article, the cryptocurrency has plunged to $8,850 on most major crypto exchanges, with BTC posting a performance of -5% in the past 24 hours.This price action over the past 24 hours has liquidated
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Bitcoin fell to its three-week low as investors’ concerns about the fast-spreading Coronavirus continued to hurt global market sentiment.The benchmark cryptocurrency was trading at $9,081 during the early morning trade in Europe, down by up to 2.41 percent. The move downside extended bitcoin’s weekly losses to 8.87 percent, confirming that
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