
Weekly Recap: Bitcoin Remains Dormant While Ethereum Resumes Uptrend
Bitcoin remains dormant awaiting major price movement.
Bitcoin remains dormant awaiting major price movement.
Bitcoin is up 0.68% today after losing 1.04% in price yesterday.
NZD/USD was able to gain 0.44% today up to the time of writing this article after a compact loss of 0.30% yesterday.
On Friday, September 11th, XRP keeps trying to escape a narrow sideways channel but the attempts are not quite successful. The cryptocurrency is generally trading at $0.2413 USD.
On Thursday, September 10th, the BTC rate is slightly growing, trading at $10378 USD after a recent drop.
Cryptocurrencies have gone in descending corrections again.
Bitcoin enters consolidation period awaiting for major price movement.
On Tuesday, September 8th, Ethereum (ETH) is consolidating, generally trading at $347.97 USD. Since the beginning of the months, the rate of the main altcoin has dropped by 25%.
USDCAD touched a very important support level at 1.29950, though was not able to break the dynamic resistance yet.
After lengthy falling, on Friday, September 4th, XRP price started to restore but now the coin is trading near $0.2500 USD.
On Thursday, September 3rd, ETH is trying to stabilize after a technical correction the day before. It is generally trading at $442.00 USD.
The crypto market is trying to grow after another correction.
Crypto-investors long Ethereum amid the upcoming Ethereum 2.0 transition despite the high transaction fee.
On Tuesday, September 1st, BTC price finally showed some growth after several days of a rather feeble trading. Bitcoin is generally trading at $11825 USD.
Bitcoin’s price action on Monday, August 31st, was quite uncertain. Although it seemed like a double bottom pattern had formed over the weekend, the erratic behavior seen on this day left many scratching their heads.