RATE Group | Bitcoin Rising Steadily While Altcoins Show Negative Signals
87657
post-template-default,single,single-post,postid-87657,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin Rising Steadily While Altcoins Show Negative Signals

07 May Bitcoin Rising Steadily While Altcoins Show Negative Signals

Posted at 10:41h in Bitcoin News by

After a successful close above USD 9,000, bitcoin price extended its upward move. BTC/USD surpassed the USD 9,200 resistance and tested USD 9,400. It is currently (08:30 UTC) consolidating above USD 9,200 and facing hurdles near USD 9,400, USD 9,440, and USD 9,500.
On the other hand, most major altcoins are facing an increase in selling pressure, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD is down close to 2% and it seems to be approaching the USD 202 and USD 200 support levels. XRP/USD is also sliding and it is likely to test the USD 0.212 and USD 0.210 support levels.

Total market capitalization

Bitcoin Rising Steadily While Altcoins Show Negative Signals 101
Source: www.tradingview.com

Bitcoin price

Recently, bitcoin price gained bullish momentum above the USD 9,000 and USD 9,200 resistance levels. However, BTC struggled to extend gains above USD 9,400 and corrected a few points. It is currently trading above USD 9,200 and facing hurdles near USD 9,400, USD 9,440, and USD 9,500.
To start a…

Source link

Tags:
, , , , , ,