Market is losing positive momentum as resistance levels proved to be too strong. Total crypto market capitalization down $8B. Cryptocurrency market calmed down as all major coins are consolidating in ranges above critical support levels regained earlier this week. The recovery momentum is losing traction on approach to local resistance levels. The total value of all cryptocurrencies reduced by $8B in recent 24 hours, to $322B. Bitcoin, the worlds biggest digital currency, is changing hands at $7,342, staying above the psychologically important $7,000 level. BTC/USD is mostly unchanged since the start of the day, however, the price lost over 2% since this time yesterday, taking Bitcoin’s market value to $125.8B. Ethereum is trading at $559, marginally higher on the day. However, on a day-to-day level, the second largest coin lost over 3% of its market value – currently $55.8B. ETH/USD is stuck between critical support at $500.00 and strong resistance at $600.00. Ripple slid to $0.5912 after an unsuccessful attempt to climb above $0.6000 handle. XRP/USD is unchanged since the start of the day and down 3.8% in recent 24 hours despite the news that India’s exchange added the coin to the listing. XRP/USD, the hourly chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Ripple price analysis: XRP/USD drops back below $0.60; Brad Garlinghouse believes Bitcoin’s influence over altcoins will weaken FX Street 5 years Market is losing positive momentum as resistance levels proved to be too strong. Total crypto market capitalization down $8B. Cryptocurrency market calmed down as all major coins are consolidating in ranges above critical support levels regained earlier this week. The recovery momentum is losing traction on approach to local resistance levels. The total value of all cryptocurrencies reduced by $8B in recent 24 hours, to $322B. Bitcoin, the worlds biggest digital currency, is changing hands at $7,342, staying above the psychologically important $7,000 level. BTC/USD is mostly unchanged since the start of the day, however, the price lost over 2%… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
