Holders of Bitcoin and Altcoins Await the Next Market Move

News • 2020/12/08 • 沿って
remitano

BTC has been trading in the $19,350 and $19,500 range for over three sessions, and there is no sign that the $19,000 support will happen anytime soon.

Something similar also happened in other altcoins as they couldn't experience a significant break. ETH has also been facing the $600 resistance level. Ripple couldn't go above the 0.620 USD level, and it fell back to the 0.600 USD level.

  • > ## Major Signals Bitcoin fails to find a break above $19,500 resistance. Ethereum and XRP are also struggling with significant resistance SNX and AMPL are on a bull trend

BTC is currently trading at a price slightly above the $19.350k resistance level. For any big positive move, the coin needs to pass the $19,350 level. $19,500 is the resistance level that is more likely to be controlled by the bull.

There were recent moves for BTC's price to go above the $19,350 level, but it didn't happen, and gains were trimmed. If the current level cannot be surpassed, visiting the $19k support looks imminent and can fall back to as low as $18,800.

ETH is going down gradually, and more downward movement could take the coin to the $585 level. BCH is also going lower (currently at 280 support) and might go down to the $265 level.

Litecoin is also finding it difficult to go past the $86.50 resistance level and has gone down to $85.0. the further decline means the $80.pp support level might be visited.

Ripple couldn't go past the $0.620 below and now trades below the $0.610. there are signs that XRP will go down to the $0.600 support level, and more decline could take it down to the $0.580 and $0.575 resistance level.

A few altcoins have shown positive signs in the past few hours, with SNX, HT AMPL, and UNI gaining some profits.

コメント (4)
ゲスト
ajii12
6年前
thanks for the information
The current downtrend is generally caused by lowered transactions volume. It will turn around when whale investment are recorded.
I'm scared over this article
andrei12
6年前
i look forward to the next move

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