Day: November 25, 2019

Bitcoin And Crypto Market Crashing: BCH, LTC, EOS, ADA Analysis

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The total crypto market cap is down more than $25.0B and it tested the $175.0B support. Bitcoin price is now trading well below the $7,000 level, with a bearish angle. Litecoin (LTC) price is down more than 8% and it even traded below the $45.00 support. BCH price is now trading below the main $200 support area. EOS price is down 10% and it is now approaching the $2.250 support zone. Cardano (ADA) price is under a lot of pressure and it is trading below the $0.0350 support. The crypto…

Ripple (XRP) Price Dives To $0.20, Recovery Presents Sell Opportunity

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Ripple price is down close to 10% and it even traded close to the $0.2000 support against the US dollar. The price is currently correcting higher, but it is likely to struggle near $0.2180 and $0.2250. There is a key bearish trend line forming with resistance near $0.2250 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely to resume its decline if it fails to recover above the $0.2250 resistance. Ripple price is under a lot of pressure against the US Dollar, similar…

Ethereum (ETH) Downtrend Gaining Pace, $125 Next?

boss

Ethereum is declining and it recently failed to recover above the $155 resistance against the US Dollar. Bitcoin price is now trading well below the $7,000 level and tested the final $6,500 bearish target. There is a key bearish trend line forming with resistance near $147 on the hourly chart of ETH/USD (data feed via Kraken). The price is currently trading below $145 and it is likely to trade below the $135 support area. Ethereum price is facing an increase in selling versus the US Dollar, similar to bitcoin. ETH…