The second-largest digital asset dropped below a critical $200.00 and touched the intraday low of $196.33. At the time of writing, the second-largest digital asset is trading at $198.69, down 5% since the beginning of the day. The sell-off is caused by technical factors and general sentiments on the market where Bitcoin touched the ground below $9,000, while XRP settled under $0.2000. From the technical point of view, a sustainable move above $200.00 is needed to improve the short-term picture and allow for an extended recovery towards the intraday high of $211.00 reinforced by a combination of 1-hour SMA50 and SMA100. ETH/USD 1-hour 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 Fed’s Williams: Negative rates not the right tool to be used right now FX Street 2 years The second-largest digital asset dropped below a critical $200.00 and touched the intraday low of $196.33. At the time of writing, the second-largest digital asset is trading at $198.69, down 5% since the beginning of the day. The sell-off is caused by technical factors and general sentiments on the market where Bitcoin touched the ground below $9,000, while XRP settled under $0.2000. From the technical point of view, a sustainable move above $200.00 is needed to improve the short-term picture and allow for an extended recovery towards the intraday high of $211.00 reinforced by a combination of 1-hour SMA50 and… 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.
