Cryptocurrencies kick off the week’s trading in the red for the second time in a row. Bitcoin refreshes the lows around $3,700 as Ethereum slides below $130. This is the second week in a row the crypto market is opening the trading on Monday in declines. Last week, Bitcoin was rejected from above $4,000 and tested the support at $3,700. Ethereum explored the levels below $140 following the drop while Ripple’s XRP plunged below $0.30 after testing the resistance at $0.35. At present, Bitcoin is trending 1.89% lower on Monday while exchanging hands at $3,715. Since the declines on February 24, 2019, Bitcoin price was stable and pivotal at $3,800. The upside was capped at $3,850 while support had been established at $3,700. However, the declines during the Asian trading session today saw BTC/USD tailspin refreshing the lows around $3,700. The trend at the moment is still bearish and Bitcoin could breakdown further unless the price can reclaim the position above $3,800. BTC/USD 1-hour chart Ethereum has also kicked off this week’s trading in the red. The second largest asset recording 2.74% in losses after breaking the support at $130. It is changing hands at $127 with the prevailing trend being bearish. Ripple’s XRP has not been spared. It is trending 2.47% lower on the day but it has maintained the position above $0.3 in spite of the drop. 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 EUR/USD Technical Analysis: Further rangebound expected below 1.1400 FX Street 4 years Cryptocurrencies kick off the week's trading in the red for the second time in a row. Bitcoin refreshes the lows around $3,700 as Ethereum slides below $130. This is the second week in a row the crypto market is opening the trading on Monday in declines. Last week, Bitcoin was rejected from above $4,000 and tested the support at $3,700. Ethereum explored the levels below $140 following the drop while Ripple's XRP plunged below $0.30 after testing the resistance at $0.35. At present, Bitcoin is trending 1.89% lower on Monday while exchanging hands at $3,715. Since the declines on February… 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.
