RATE Group | Bitcoin forms deadly evening star formation
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Bitcoin forms deadly evening star formation

28 Apr Bitcoin forms deadly evening star formation

Posted at 15:07h in Cryptocurrency News by

Here’s what you need to know on Monday

Markets

BTC/USD is currently trading at $6700 (-4.15%), bearish momentum comes back into play following a critical $7000 breach.

ETH/USD is currently trading at $152 (-5.45%), market bears are testing an important daily support at $150. 

XRP/USD is currently trading at $0.18 (-3.20%), the sellers were able to regain control following the failure to conquer $0.2000. 

Among the 100 most important cryptocurrencies, the best of the day are KMD $0.426656 (+8.80%), QNT 4.54 (+6.35%) BCN $0.000261 (+4.15%) The day’s losers are SXP $0.621739 (-8.92%), MKR $287.40 (-7.55%), DGB $0.005731 (-5.70%).

Chart of the day:

BTC/USD weekly chart: Last week’s candle formed a potential evening star formation. Should this current week push for a bearish closure below, then this would be a textbook confirmation of a possible incoming change in trend.

Market

The Blockchain Research Institute headed by China’s Center for…

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