In the past three sessions, bitcoin price mostly traded in a range below the USD 7,350 and USD 7,400 resistance levels. BTC/USD could start another bearish wave below USD 7,200 if it continues to face resistance near USD 7,400.Similarly, most major altcoins traded in a range with a minor bearish angle, including ethereum, XRP, bitcoin cash, litecoin, EOS, BNB, ADA, TRX and XLM. ETH/USD is struggling to climb above the USD 150 and USD 152 resistance levels. More importantly, XRP/USD is under pressure and it is facing hurdles near USD 0.220 and USD 0.222.
Total market capitalization
After testing the USD 7,200 support area, bitcoin price made another attempt to climb above the USD 7,350 and USD 7,400 resistance levels. However, BTC/USD failed to gain momentum above the USD 7,400 level and it is currently (09:00 UTC) trading in a range.To start a strong upward move, the price must break the USD 7,350 and USD 7,400 resistance levels. If not, there is a risk of another bearish wave below the USD 7,200 and USD 7,150 support levels in the near term. The next major support is near USD 6,950 and USD 6,850.
Ethereum price is struggling to surpass the USD 150 and USD 152 resistance levels. Once ETH/USD climbs above the USD 152 resistance, it could continue to rise towards the USD 158 and USD 160 resistance levels. On the downside, an initial support is near the USD 147 level. If there is a downside break below USD 147 and USD 145, the price may perhaps revisit the USD 135 support area.
Bitcoin cash price is moving higher and it is trading above the USD 205 and USD 200 support levels. On the upside, BCH/USD must break the USD 220 and USD 225 resistance levels to set the momentum for a surge towards the USD 250 resistance area. Litecoin is still trading in a range above the USD 45.00 support area. On the upside, LTC/USD is facing barriers near the USD 47.50 and USD 48.50 levels. The main resistance is still near the USD 50.00 level. On the downside, a break below the USD 44.50 level could push the price towards USD 40.50.XRP price failed to stay above the USD 0.222 and USD 0.220 support levels. XRP/USD is currently declining and it is trading below USD 0.220. To move into a positive zone, the price must settle above USD 0.222 and gain pace above USD 0.225 in the near term.
In the past three sessions, a few small capitalization altcoins climbed more than 5%, including SNX, RVN, IOST, MIN, MATIC, DGD, KMD, MKR, ZIL and QNT. Out of these, SNX rallied around 20% and RVN is up more than 15%.
Overall, bitcoin could only start a strong recovery once it settles above the USD 7,400 resistance. The next major resistances are USD 7,550 and USD 7,650. If not, it is likely to revisit the USD 6,850 support area in the coming sessions._____
Originally posted here:
Bitcoin and Altcoins Topside Bias Vulnerable - Cryptonews
- Bitcoin Cash: Why It's Forking the Blockchain And What That ... [Last Updated On: January 26th, 2018] [Originally Added On: January 26th, 2018]
- Bitcoin Cash: Peer-to-Peer Electronic Cash (BCH) [Last Updated On: January 29th, 2018] [Originally Added On: January 29th, 2018]
- Bitcoin Cash Definition | Investopedia [Last Updated On: January 31st, 2018] [Originally Added On: January 31st, 2018]
- Bitcoin Cash: The New King of Cryptocurrency? | Investopedia [Last Updated On: January 31st, 2018] [Originally Added On: January 31st, 2018]
- What is Bitcoin Cash? [Last Updated On: January 31st, 2018] [Originally Added On: January 31st, 2018]
- Bitcoin vs. Bitcoin Cash: What's the Difference ... [Last Updated On: February 12th, 2018] [Originally Added On: February 12th, 2018]
- Why Bitcoin Cash Is Not Bitcoin [BTC vs. BCH - Differences ... [Last Updated On: March 24th, 2018] [Originally Added On: March 24th, 2018]
- What is Bitcoin Cash | Learn about Bitcoin Cash [Last Updated On: June 21st, 2018] [Originally Added On: June 21st, 2018]
- What is Bitcoin Cash? BCH vs Bitcoin | CoinCentral [Last Updated On: July 6th, 2018] [Originally Added On: July 6th, 2018]
- Bitcoin Cash (BCC) : Everything You need to know about ... [Last Updated On: July 22nd, 2018] [Originally Added On: July 22nd, 2018]
- Bitcoin Cash, Litecoin and Ripple Daily Analysis 20/07/18 [Last Updated On: July 29th, 2018] [Originally Added On: July 29th, 2018]
- What is Bitcoin Cash? - cointelegraph.com [Last Updated On: July 29th, 2018] [Originally Added On: July 29th, 2018]
- How to Claim Your Bitcoin Cash and Sell it for Bitcoin ... [Last Updated On: August 2nd, 2018] [Originally Added On: August 2nd, 2018]
- Robinhood Adds Bitcoin Cash & Litecoin Trading, Will ... [Last Updated On: September 18th, 2018] [Originally Added On: September 18th, 2018]
- Bitcoin Cash: Peer-to-Peer Electronic Cash (BCH) - reddit [Last Updated On: October 7th, 2018] [Originally Added On: October 7th, 2018]
- Bitcoin Cash (BCC) price, rating, news, and analysis ... [Last Updated On: November 1st, 2018] [Originally Added On: November 1st, 2018]
- Bitcoin Cash | The best Bitcoin can be. [Last Updated On: November 1st, 2018] [Originally Added On: November 1st, 2018]
- Bitcoin Cash (BCH) Price, Chart, Info | CoinGecko [Last Updated On: November 19th, 2018] [Originally Added On: November 19th, 2018]
- 'Real Risk': Blockstream Exec Warns Over Bitcoin Cash 51 ... [Last Updated On: November 19th, 2018] [Originally Added On: November 19th, 2018]
- Is Bitcoin ABC Really Winning the Bitcoin Cash "Hash War ... [Last Updated On: November 19th, 2018] [Originally Added On: November 19th, 2018]
- Bitcoin Cash: ABC Futures Cross $300 in Hard Fork Aftermath [Last Updated On: November 19th, 2018] [Originally Added On: November 19th, 2018]
- Top 11 Best Bitcoin Cash Wallets (BCH) to Store Bitcoin Cash ... [Last Updated On: November 19th, 2018] [Originally Added On: November 19th, 2018]
- Bitcoin Cash vs. Bitcoin | The Pros and Cons - CoinCentral [Last Updated On: December 27th, 2018] [Originally Added On: December 27th, 2018]
- Bitcoin Cash is 41.7% Up, Will the Upside Momentum Sustain? [Last Updated On: December 27th, 2018] [Originally Added On: December 27th, 2018]
- Bitmain Fires Entire Bitcoin Cash Development Team: Report [Last Updated On: December 31st, 2018] [Originally Added On: December 31st, 2018]
- Best Bitcoin Cash Wallets (BCH): Free Money For Every ... [Last Updated On: March 21st, 2019] [Originally Added On: March 21st, 2019]
- Litecoin & Bitcoin Cash Fuel Staggering $33 Billion Crypto Rally [Last Updated On: April 9th, 2019] [Originally Added On: April 9th, 2019]
- Bitcoin Cash Has Nearly Doubled Since Monday - forbes.com [Last Updated On: April 9th, 2019] [Originally Added On: April 9th, 2019]
- Bitcoin Cash, Litecoin And Dogecoin Bulls Aim Higher Despite ... [Last Updated On: April 9th, 2019] [Originally Added On: April 9th, 2019]
- Bitcoin Cash, Tron (TRX), BNB, LTC & EOS Could Continue To ... [Last Updated On: April 9th, 2019] [Originally Added On: April 9th, 2019]
- Bitcoin Cash Futures Volumes: A Prelude to the Recent BCH ... [Last Updated On: April 20th, 2019] [Originally Added On: April 20th, 2019]
- Bitcoin Cash (BCH) Downside Thrust Underway Before Sharp ... [Last Updated On: April 20th, 2019] [Originally Added On: April 20th, 2019]
- SBI Delists Bitcoin Cash | Keeps Support for Bitcoin SV [Last Updated On: April 20th, 2019] [Originally Added On: April 20th, 2019]
- Bitcoin Cash: Where BCH Stands the Day after the Hard Fork [Last Updated On: April 20th, 2019] [Originally Added On: April 20th, 2019]
- Crypto Market Near Turning Point: BNB Up 10%, Bitcoin Cash ... [Last Updated On: April 20th, 2019] [Originally Added On: April 20th, 2019]
- Crypto Market Wrap: Bitcoin Cash (BCH) Leading $6 Billion Surge [Last Updated On: May 9th, 2019] [Originally Added On: May 9th, 2019]
- Crypto Investing in the 2020s - FXStreet [Last Updated On: October 16th, 2019] [Originally Added On: October 16th, 2019]
- Latest cryptocurrency news and prices, 16 October 2019 - The South African [Last Updated On: October 16th, 2019] [Originally Added On: October 16th, 2019]
- More than 87% of Global Virtual Asset Trading Now Traceable with CipherTrace - Business Wire [Last Updated On: October 16th, 2019] [Originally Added On: October 16th, 2019]
- More than 87 per cent of global virtual asset trading now traceable with CipherTrace - HedgeWeek [Last Updated On: October 16th, 2019] [Originally Added On: October 16th, 2019]
- Litecoin (LTC), Ethereum (ETH) and Bitcoin Cash (BCH) Price and Analysis Will the Bulls Maintain the Unbeatable Trend? - NullTX [Last Updated On: October 16th, 2019] [Originally Added On: October 16th, 2019]
- Ex-CEO of Google Africa: Bitcoin a Gift That Will Change Humanity - Cointelegraph [Last Updated On: October 18th, 2019] [Originally Added On: October 18th, 2019]
- 10 of the Best Telegram Crypto Channels - Bitcoin News [Last Updated On: October 18th, 2019] [Originally Added On: October 18th, 2019]
- Coinbase, Cash App, Remain Top Rated Places To Easily Buy Bitcoin - newsBTC [Last Updated On: October 18th, 2019] [Originally Added On: October 18th, 2019]
- Talking Money: The rise and fall and rise again of cryptocurrencies - The Scotsman [Last Updated On: October 18th, 2019] [Originally Added On: October 18th, 2019]
- The Crypto Daily Movers and Shakers -16/10/19 - Yahoo Finance [Last Updated On: October 18th, 2019] [Originally Added On: October 18th, 2019]
- CipherTrace adds support for over 700 crypto assets, including bitcoin cash, ether and tether - Yahoo Finance [Last Updated On: October 18th, 2019] [Originally Added On: October 18th, 2019]
- Binance.US Allowed USA Users To Buy Bitcoin with Debit Cards - Bitcoinik [Last Updated On: November 2nd, 2019] [Originally Added On: November 2nd, 2019]
- Bitcoin and Altcoins Sighting Next Significant Break - Cryptonews [Last Updated On: November 2nd, 2019] [Originally Added On: November 2nd, 2019]
- Anonymous Bitcoin Price Prediction Finally Poised to Fail - BeInCrypto [Last Updated On: November 2nd, 2019] [Originally Added On: November 2nd, 2019]
- Bitwage Allows Companies in the EU, UK and US to Pay Wages in Bitcoin Cash - Inside Bitcoins [Last Updated On: November 2nd, 2019] [Originally Added On: November 2nd, 2019]
- Bitcoin Cash Price Changed by -2.38 percent - ICO Brothers [Last Updated On: November 2nd, 2019] [Originally Added On: November 2nd, 2019]
- The Crypto Daily Movers and Shakers -01/11/19 - Yahoo Finance [Last Updated On: November 2nd, 2019] [Originally Added On: November 2nd, 2019]
- Bitcoin Cash Retraces and Attempts to Retest the Previous High of $300 - Coin Idol [Last Updated On: November 2nd, 2019] [Originally Added On: November 2nd, 2019]
- Bitcoin Cash more vulnerable to timestamp manipulation than Bitcoin: BitMEX Research - AMBCrypto [Last Updated On: November 2nd, 2019] [Originally Added On: November 2nd, 2019]
- Bitcoin Cash, NEO and XRP Price Prediction and Analysis for October 29th - NullTX [Last Updated On: November 2nd, 2019] [Originally Added On: November 2nd, 2019]
- Bitcoin Cash First Halving Countdown Begins, To Happen in May 2020 - Coinpedia [Last Updated On: November 2nd, 2019] [Originally Added On: November 2nd, 2019]
- The resolution of the Bitcoin Cash experiment - CoinGeek [Last Updated On: November 2nd, 2019] [Originally Added On: November 2nd, 2019]
- Bitcoin Cash's Q3 performance was horrid here's what happened - The Next Web [Last Updated On: November 2nd, 2019] [Originally Added On: November 2nd, 2019]
- Bitcoin Cash Price Changed by -0.4 percent - ICO Brothers [Last Updated On: December 4th, 2019] [Originally Added On: December 4th, 2019]
- SoFi gets New York BitLicense, set to offer crypto trading in the state - Decrypt [Last Updated On: December 4th, 2019] [Originally Added On: December 4th, 2019]
- Bitcoin and Altcoins Gaining Bearish Momentum - Cryptonews [Last Updated On: December 4th, 2019] [Originally Added On: December 4th, 2019]
- Bitcoin Cash Price Changed by -0.01 percent - ICO Brothers [Last Updated On: December 4th, 2019] [Originally Added On: December 4th, 2019]
- Bitcoin Cash Price Changed by -1.04 percent - ICO Brothers [Last Updated On: December 4th, 2019] [Originally Added On: December 4th, 2019]
- Bitcoin Cash ABC, Litecoin and Ripple Daily Analysis 04/12/19 - Yahoo Finance [Last Updated On: December 4th, 2019] [Originally Added On: December 4th, 2019]
- Moon Cash | Free bitcoin cash faucet [Last Updated On: December 4th, 2019] [Originally Added On: December 4th, 2019]
- Altcoin apocalypse the dramatic fall of XRP, Bitcoin Cash and ZEC - Born2Invest [Last Updated On: December 7th, 2019] [Originally Added On: December 7th, 2019]
- The Crypto Daily Movers and Shakers -07/12/19 - Yahoo Finance [Last Updated On: December 7th, 2019] [Originally Added On: December 7th, 2019]
- Bitcoin's bumpy revolution may be only just beginning - The Independent [Last Updated On: December 7th, 2019] [Originally Added On: December 7th, 2019]
- Early BTC Investor Roger Ver Says Bitcoin Cash Set to Skyrocket A Thousand Times From Where It Is Now - The Daily Hodl [Last Updated On: December 7th, 2019] [Originally Added On: December 7th, 2019]
- Bitcoin Cash Price Analysis - Will The Uptrend Continue Above $212? - KryptoMoney [Last Updated On: December 7th, 2019] [Originally Added On: December 7th, 2019]
- Award-Winning Bay Area Nonprofit Now Accepts Bitcoin, Bitcoin Cash, and Ethereum Donations through BitPay - Send2Press Newswire [Last Updated On: December 7th, 2019] [Originally Added On: December 7th, 2019]
- Understanding the distribution of the crypto market: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Cardano - FXStreet [Last Updated On: December 7th, 2019] [Originally Added On: December 7th, 2019]
- Open Positions Report: Where's the money in the crypto market? Bitcoin, Ethereum, Litecoin, Bitcoin Cash - FXStreet [Last Updated On: December 7th, 2019] [Originally Added On: December 7th, 2019]
- Bitcoin Cash Price Analysis: BCH/USD ruthless bears gnaw the price towards $200 - FXStreet [Last Updated On: December 7th, 2019] [Originally Added On: December 7th, 2019]
- Bitcoin Cash (BCH) Bounces, a Move above $227 Increases the Prospect of a Rally - Coin Idol [Last Updated On: December 7th, 2019] [Originally Added On: December 7th, 2019]
- Rebranded Localcryptos Lets You Cash Out BTC Peer to Peer Minus the Hassle of KYC - Bitcoin News [Last Updated On: January 30th, 2020] [Originally Added On: January 30th, 2020]
- BCH Price Momentum Astounds the Traders Overnight - NameCoinNews [Last Updated On: January 30th, 2020] [Originally Added On: January 30th, 2020]
- Bitcoin.com Update: Dev Fund Proposal 'Will Not Go Through' Without More Agreement - Bitcoin News [Last Updated On: January 30th, 2020] [Originally Added On: January 30th, 2020]
- Developers Say Google Play Unfairly Booted Their Bitcoin Rewards Game - CoinDesk [Last Updated On: January 30th, 2020] [Originally Added On: January 30th, 2020]