However, if sellers' pressure continues and the candle closes below $23,000, the fall may lead to the test of $22,400 soon.Ethereum is the biggest loser from the list today, falling by almost 6% over the last 24 hours.
Ethereum has lost the vital $1,700 mark, which means that sellers are about to seize the initiative. If the situation does not change until the end of the day, there are prerequsites to see a drop to the $1,600 zone within the next few days.XRP could not withstand the overall market pressure, declining by 5.15%.
XRP is looking more bearish than BTC and ETH, as the price has broken the local support level at $0.36534 on the daily chart. If bears hold the initiative, one can expect a further downward move to the $0.35 mark until the end of the week.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum Traders Believe ETH Price Might Reach $5,000 Ahead of MergeICYMI: Ethereum options' open interest at $6.6 billion surpassed that of Bitcoin at $4.8 billion $ETH $BTC
Source: Utoday_en - 🏆 295. / 63 Read more »
Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Month High Above $1,800 – Market Updates Bitcoin NewsEthereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls report. I think I might be onto something here. So early they dont even have liquidity on pancake. They have public team with a real world utility for their token. Probinex1 $PBX Hooray!!! I spend usdt to buy $ETH regularly. I think that in September we will see 2K
Source: BTCTN - 🏆 531. / 51 Read more »
BREAKING: Ethereum-Based Mixer Tornado Cash Sanctioned by U.S. GovernmentThe action has prohibited U.S. investors from interacting with the controversial service
Source: Utoday_en - 🏆 295. / 63 Read more »
Ethereum market cap surpasses $200 billion as ETH reclaims $1,800The price of the second largest cryptocurrency by market cap has climbed above the $1,800 level as Ethereum (ETH) risess... Continue reading
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
First Mover Americas: As Bitcoin and Ether Slide, Investors Bet on Ethereum ForkBitcoin and ether were down 3% on the day, while the 90-day correlation coefficient between bitcoin and the Nasdaq index dropped to its lowest since January. LedesmaLyllah, willcanny99 and godbole17 report.
Source: CoinDesk - 🏆 291. / 63 Read more »
FTX says Ethereum merge shouldn’t affect ether derivatives trading⬆ +14 FTX says Ethereum merge shouldn’t affect ether derivatives trading $ETH ethereum $FTT ftx cryptocurrency
Source: CryptoPanicCom - 🏆 563. / 51 Read more »