Bitcoin Bear Pressure Strong, BTC May Drop below $17.6k
After a firm close higher last week, Bitcoin appears to be disintegrating at spot rates. Sellers have reversed gains, and the coin is in the worrying
Crypto Economy section, we will publish every week the technical price analysis of Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and other cryptocurrencies.
These analyzes are prepared by our specialists based on the evolution of the markets.
A technical price analysis provides excellent and useful information that can help us know when is the best time to make movements in our investments or when it is not a good time to operate.
But we must not only take this information into account, the monitoring of the prices of a cryptocurrency must be accompanied by an investigation into the latest news related to it.
So we can get an idea about whether the price increase or decrease has occurred due to an event related to the project or if it could be a market manipulation, etc.
After a firm close higher last week, Bitcoin appears to be disintegrating at spot rates. Sellers have reversed gains, and the coin is in the worrying
Ethereum prices are under pressure at spot rates. The failure of buyers to close above the $1.7k resistance level and build on gains from early last
Tron (TRX) prices are inching higher at spot rates, up the market cap ranking. In the past trading week, the coin is up 14 percent against
Bitcoin prices are in a tight trading range when writing. On the last trading day, the coin is steady and at break even in the past
Ethereum is relatively higher but down four percent on the previous day in a relief rally at spot rates. A notable development in the past few
Cardano is perched at seventh in the crypto market cap and is one of the most resilient crypto assets.
Bitcoin prices are swinging at press time. The dead cat bounce of late June 15 didn’t spark demand. BTC is back in negative territory, inching closer
The Ethereum price demolition is in progress at press time. Even though bulls remain optimistic, ETH technical candlestick formation points to further weakness.
The recalibration of crypto prices is having severe ramifications for projects, and Avalanche is no exception.
Bitcoin prices are wavy at spot rates, moving with an unclear trend in the short term.
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ā© Crypto Economy