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Showing posts with the label usd 220 support zone

Bitcoin and Ethereum at Make-or-Break Levels, DOGE Outperforms

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  Bitcoin price remains at a risk of a sharp decline to USD 18,800. Ethereum is trading below USD 1,100, XRP is testing the USD 0.320 support. SOL and BNB are accelerating losses, DOGE is in the green. Bitcoin price followed a bearish path below the USD 21,000 level. BTC extended losses and settled below the USD 20,500 level. It is currently (04:09 UTC) consolidating near USD 20,100 and is down 1% in a day and is almost unchanged in a week. Similarly, most major altcoins are trading in a bearish zone. ETH traded below the USD 1,120 and USD 1,100 support levels. XRP tested the key USD 0.32 support. ADA also tested the key USD 0.455 support zone. Total market capitalization Source: tradingview.com Bitcoin price After a close below USD 20,500, bitcoin price extended losses and traded below the USD 20,000 support zone. However, losses were limited and the price is now consolidating above USD 20,000, with an immediate resistance near the USD 20,350 level. The next ...