Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content to be accurate as of the date of publication, but some offers mentioned may no longer be available.
Sellers continue to exert pressure on the first day of the week, according to... CoinStats.
Bitcoin/US Dollar
BTC price fell by 2.18% over the past day.
On the daily chart, Bitcoin price is approaching the $92,092 support level.
Related to
If a breakout occurs, the energy could be enough for a sustained decline to the $90,000 region.
Bitcoin is trading at $92,597 at press time.
Ripple/USD
XRP followed BTC's decline, falling by 4.33%.
Technically, XRP trades similarly to BTC. If the bulls lose the $2 support, one can expect further downward movement to the $1.80 region.
XRP is trading at $2,033 at press time.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content to be accurate as of the date of publication, but some offers mentioned may no longer be available.
Source link