Bitcoin Technical Analysis: BTC/USD selling pressure continues mounting hinting at a possible trend reversal Bitcoin is currently trading at $11,733 after an extended pullback from the rejection at $12,481. Unfortunately, Bitcoin couldn’t hold its price above the crucial $12,000 resistance and then support level. Ethereum Technical Analysis: ETH/USD almost slips below $400 after an extended consolidation period The daily chart is still in an uptrend as anything above $363 is still considered a higher low, however, Ethereum’s momentum seems to be shifting in favor of the bears in the short-term. Ripple Technical Analysis: XRP/USD fails to hold $0.30 again and has created a double top The last high of XRP’s bull rally was established at $0.325. XRP then had a healthy consolidation period dipping below $0.27 but defending the daily 12-EMA. On August 17, XRP peaked above the first high and touched $0.327 but got rejected heavily dropping below $0.30 in the next two days. 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 FOMC Minutes: Continued review of policy discussing potential changes to longer-run goals FX Street 2 years Bitcoin Technical Analysis: BTC/USD selling pressure continues mounting hinting at a possible trend reversal Bitcoin is currently trading at $11,733 after an extended pullback from the rejection at $12,481. Unfortunately, Bitcoin couldn’t hold its price above the crucial $12,000 resistance and then support level. Ethereum Technical Analysis: ETH/USD almost slips below $400 after an extended consolidation period The daily chart is still in an uptrend as anything above $363 is still considered a higher low, however, Ethereum’s momentum seems to be shifting in favor of the bears in the short-term. Ripple Technical Analysis: XRP/USD fails to hold $0.30 again and has… 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.
