• Latest
XRP, BTC, ETH Price Analysis: More Bear Traps |

XRP, BTC, ETH Price Analysis: More Bear Traps |

November 22, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Ripple

XRP, BTC, ETH Price Analysis: More Bear Traps |

coinnewsdaily by coinnewsdaily
November 22, 2019
in Ripple
0
XRP, BTC, ETH Price Analysis: More Bear Traps |
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
  • BTC is down by 6%
  • ETH is down by 6%
  • XRP is down by 4.5%

1 Hour BTC/USD Price Chart

At the moment of writing, BTC was down by 7% against the U.S. dollar. The price dropped below the important psychological support of $8000 yesterday and subsequently lost more of its value on additional bearish pressure. The move was also a significant bearish sign due to the fact that price fell out of the falling wedge formation and thus subsequently it just broke another support at $7400. If BTC price manages to get back above that level and start consolidation we may well witness a trend reversal here. There was some significant trading volume while price moved downwards, so drop in average trading value now may suggest fading bearish interest.

 

Related articles

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case

Ripple claims ‘a very big win’ in SEC case

April 19, 2022

1 Hour ETH/USD Price Chart

ETH continued its bearish trend and lost another 6% of its value. After dropping below $157 support ETH price failed to show any significant retracement and was moving up slowly on low volume, as a result, ETH price just saw another drop below the $153 support level. The move was accompanied by 2x -3x times higher than average volume. Potentially it can be a signal for trend reversal now. Another bullish signal is that ETH price trapped some stop losses orders at $152-$153 levels. However, the price would need to start consolidating above support first to return buyers’ interest.

 

1 Hour XRP/USD Price Chart

Phemex

XRP price continues trading within the falling wedge formation. The price lost another 4.5% against the U.S. dollar today breaking $0.23500 support level in the process. That support was an important one as it held a lot of liquidity in the form of stop-loss orders that were placed at the end of September. The next support is at $0.22900 and it too may be broken in the short term. Finally, if the price breaks out of the current trading formation further loses are likely and support at $0.21200 may be tested. Price breakout above $0.25 will be a good bullish signal now.

Chart source: Tradingview

Image source: Flickr

Disclaimer: Markets, instruments, and advice on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

Credit: Source link

Tags: BTCCryptocurrenciesParibuPhemexRipple
Share76Tweet48
Previous Post

1 Gigawatt Bitcoin Mine Under Construction in Texas Would Dwarf Bitmain’s

Next Post

Europe Will Invest $2bn in Blockchain and AI |

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot
Alt Coin

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case
Ripple

Ripple claims ‘a very big win’ in SEC case

April 19, 2022
ripple’s case: how will it affect xrp’s 2022 price?
Ripple

Ripple case: How will it affect XRP 2022 price?

April 17, 2022
price analysis 4/11: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 11, 2022
price analysis 4/6: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/6: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 7, 2022
price analysis 4/4: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/4: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 4, 2022
Load More
Next Post
Europe Will Invest $2bn in Blockchain and AI |

Europe Will Invest $2bn in Blockchain and AI |

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$18,964.05-5.69%
  • ethereumEthereum(ETH)$1,015.87-8.83%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$208.99-4.49%
  • rippleXRP(XRP)$0.311268-5.10%
  • cardanoCardano(ADA)$0.439203-6.68%
  • SolanaSolana(SOL)$31.34-9.37%
  • dogecoinDogecoin(DOGE)$0.063684-5.12%
  • polkadotPolkadot(DOT)$6.73-6.54%
  • daiDai(DAI)$1.000.03%
  • Shiba InuShiba Inu(SHIB)$0.0000100.29%
  • tronTRON(TRX)$0.062873-3.51%
  • leo-tokenLEO Token(LEO)$5.97-0.19%
  • litecoinLitecoin(LTC)$50.60-4.32%
  • matic-networkPolygon(MATIC)$0.438709-13.10%
  • FTXFTX(FTT)$23.24-7.74%
  • OKBOKB(OKB)$11.79-0.26%
  • chainlinkChainlink(LINK)$5.98-6.17%
  • CronosCronos(CRO)$0.110459-5.99%
  • stellarStellar(XLM)$0.105673-3.63%
  • cosmosCosmos Hub(ATOM)$7.04-2.78%
  • algorandAlgorand(ALGO)$0.290100-5.00%
  • moneroMonero(XMR)$109.57-11.11%
  • ethereum-classicEthereum Classic(ETC)$14.37-6.08%
  • bitcoin-cashBitcoin Cash(BCH)$99.31-6.63%
  • vechainVeChain(VET)$0.021557-6.19%
  • Internet ComputerInternet Computer(ICP)$5.11-5.78%
  • tezosTezos(XTZ)$1.37-9.41%
  • filecoinFilecoin(FIL)$5.17-5.55%
  • theta-tokenTheta Network(THETA)$1.13-8.90%
  • ElrondElrond(EGLD)$47.20-8.37%
  • bitcoin-cash-svBitcoin SV(BSV)$53.16-6.22%
  • eosEOS(EOS)$0.88-5.95%
  • paxos-standardPax Dollar(USDP)$1.000.03%
  • makerMaker(MKR)$850.27-10.42%
  • AaveAave(AAVE)$54.00-11.29%
  • huobi-tokenHuobi(HT)$4.81-4.92%
  • iotaIOTA(MIOTA)$0.254667-6.41%
  • zcashZcash(ZEC)$52.55-12.37%
  • neoNEO(NEO)$8.06-7.05%
  • basic-attention-tokenBasic Attention(BAT)$0.360744-5.71%
  • zilliqaZilliqa(ZIL)$0.036576-7.31%
  • wavesWaves(WAVES)$4.88-7.96%
  • havvenSynthetix Network(SNX)$2.13-18.24%
  • dashDash(DASH)$40.90-9.74%
  • PancakeSwapPancakeSwap(CAKE)$2.91-5.22%
  • KusamaKusama(KSM)$45.46-7.78%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • nemNEM(XEM)$0.036513-7.42%
  • ethlendAave [OLD](LEND)$4.103.48%
  • CompoundCompound(COMP)$43.54-9.21%
  • qtumQtum(QTUM)$2.65-7.32%
  • bitcoin-goldBitcoin Gold(BTG)$14.97-7.24%
  • omisegoOMG Network(OMG)$1.74-6.85%
  • golemGolem(GLM)$0.222515-4.55%
  • ontologyOntology(ONT)$0.213947-7.94%
  • SushiSushi(SUSHI)$0.96-10.83%
  • yearn-financeyearn.finance(YFI)$5,170.33-9.31%
  • umaUMA(UMA)$2.34-8.36%
  • digibyteDigiByte(DGB)$0.008836-5.29%
  • UniswapUniswap(UNI)$2.4438.80%
Posting....