Text size It has been a brutal few days for crypto traders. Dusan Zidar/Dreamstime Source link

Monero price is trading with strong downtrend momentum over the daily chart. XMR has lost 14% of its market capitalization in the last 24-hour period, this dip in price needs to stop. The pair of XMR/BTC is at 0.005419 BTC with an intraday drop of 6.40%. Monero price is falling with strong downtrend momentum over the daily chart. The token is trading towards the lower level and is currently facing peer selling pressure. As Bitcoin was the greatest dominator, the cryptocurrency market slumped… Source link

Ethereum price drops to $1,100 and triggers extreme oversold RSI levels. Bitcoin price has crashed 15% since breaching a shorter bear flag pattern. Ripple price sheds 16% as it breaks out of a bearish pennant, forecasting a $0.221 target. UPDATE: Ethereum price prediction continues to be a high-risk activity as the second-biggest cryptocurrency continues to fall. ETH price dropped to $1,100 during the Asian trading session on Tuesday and has since bounced back to… Source link

Bitcoin, Ethereum, and the rest of the cryptocurrency market came crashing again this week, just when investors hoped for relief.  The largest cryptocurrency extended Monday’s dip to the lows of $21,000 hours ago, bringing the market capitalization to roughly $400 billion, which also represents about a 78% decrease year-over-year. Ethereum also took a severe hit, dropping to almost $1,000 with a market capitalization of $149 billion. Analyzing Ethereum’s downtrend Ether has lost more… Source link

ETH price revisits historical RSI low, which commenced the 2019-2021 bull run. Ethereum price has impulsively fallen, and detecting a conventional reversal signal will be challenging. An early invalidation of the bearish downtrend could be a breach at $1570 for investors willing to take on a high-risk, high-reward setup.   Bitcoin price reacquaints 2020 areas of interest as bear press $23,000. Increased volatility is likely to occur in the coming days. Bitcoin… Source link

Image source: Getty Images The total crypto market cap fell below $1 trillion today. Key points Crypto prices fell dramatically today, with Bitcoin reaching an 18-month low. Ethereum and Solana both fell by around 20% in 24 hours. Higher-than-expected inflation figures and Celsius’s suspension of… Source link

Litecoin Falls 11% In Rout Investing.com – was trading at $42.700 by 19:42 (23:42 GMT) on the Investing.com Index on Monday, down 11.04% on the day. It was the largest one-day percentage loss since June 13. The move downwards pushed Litecoin’s market cap down to $3.012B, or 0.32% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $41.200 to $48.300 in the previous twenty-four hours. Over the past seven days,… Source link

Bitcoin Bitcoin tumbled below $23,000 on Monday, hitting its lowest level since December 2020, as investors dump crypto amid a broader sell-off in risk assets. Meanwhile, a crypto lending company called Celsius has paused withdrawals for its customers, sparking fears of contagion into the broader market. The world’s largest cryptocurrency bitcoin dropped below the $23,000 mark, according to CoinDesk data. At one point bitcoin fell about 17 percent to trade around $22,764. Some of those… Source link

The world’s biggest crypto exchange by volume, Binance, published blog post this morning saying they are not going to support the MimbleWimble Extensions Block (MWEB) feature for Litecoin (LTC) deposits and withdrawals. They cited worries about security as the main reason for this decision. Binance has delisted many other coins in the past due to security reasons. For example, on March 8, 2022, Binance delisted Bitcoin Diamond (BCD), Cindicator (CND), Monetha… Source link

Ethereum [ETH], the largest altcoin, has HOLDers that have placed their faith in the upcoming Merge to aid the bleeding price. At press time, ETH declined by a staggering 16% as the price dropped to the $1,238 mark. Now, given the delay in this transition, ETH could have a different journey ahead… Is there light at the end of this dark tunnel?  Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge… Source link