Bitcoin News
By Dan Saada
1 / 10
The price of Bitcoin was down by 5% in just 24 hours. Thus, it is now hovering somewhere around the $3,500 mark with investors worried about dragging on with the bear market.
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The upgrade of Ethereum was delayed in the past week. The hard fork was delayed in response to the news about the bug. Ethereum is now 80% down from its all-time high.
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Mati Greenspan opined that we are dealing with a flat market and that individual token development is attracting more attention.
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While cryptocurrency enthusiasts are hopeful about the price of Bitcoin getting high, it is expected that there will be a turn in the situation with regulatory bodies shaping up…
5 / 10
The price of Ethereum declined sharply, and there are signs that buyers of Ethereum might struggle. The price of ETH did not stay at the $130.00 resistance level.
6 / 10
The 30-minute chart revealed that the price of the ETH/USD pair went down a lot below $110 and even traded for $107.51. Recovery was seen where the price transited to $112.
7 / 10
There is a risk of downside break for Ethereum. If buyers continue to struggle the price can even finish up at $100.00 in the coming days.
8 / 10
Technical indicators should ensure that the hourly MACD for ETH/USD has a bearish bias despite moving in the bullish zone.
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The RSI for ETH/USD is recovering at the 25th level at a positive angle. A major support level is seen at $113, and the major resistance level is seen at $121.
10 / 10
A decline in the price level sets a warning that it is easy to establish an attack on the network.
The Currency Analytics
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