Dalmas Ngetich - Crypto Economy

Bitcoin Slips 33% from H2 Highs, BTC Bearish Below $18.5k

Bitcoin prices are down 33 percent from H2 highs and appear to be struggling at spot rates. The immediate limit remains at $18.5k.

Ethereum is solid at spot rates, adding 13 percent from November lows as bulls look to shake off bears of early November.

Ripple is down 14 percent from last week’s high. As sellers press on, XRP is on path to retest June 2022 lows at $0.30.

Bitcoin is down roughly five percent from this week’s high, recoiling from a critical resistance level at $18.5k.

Ethereum prices are breaking out with ETH adding four percent in the past 24 hours. In a bullish formation, the coin may retest $1.7k.

Polygon is solid, propped by solid fundamentals. However, like other tokens, MATIC remains under pressure visible in the daily chart.

Bitcoin is back to green, adding two percent in the last 24 hours. At spot rates, BTC has support at $16.5k.

Ethereum buyers are upbeat, expecting more gains in the days ahead. However, there is a bull flag below the all-important sell wall at $1.35k.

Litecoin prices are up 105 percent from June 2022 lows as LTC buyers set sight on $100, a psychological reaction line.

Bitcoin prices are higher, bouncing from November low and trading above the bear flag. BTC resistance remains at $17.5k.