|Day's Range||200.681 - 204.014|
|52 Week Range||95.18 - 361.40|
|Volume (24hr) All Currencies||12.18B|
It’s been a mixed start to the day for the majors. Failure to move back through early highs could lead to a reversal later in the day.
It’s a bullish start to the day. Failure to break through key levels by late morning could see a reversal later in the day.
Ethereum has flashed a sell signal overnight as it lost the $203 level of support, with it now acting as a point of resistance. The sell off coincided with a plunge in the value of all major cryptocurrencies, with Bitcoin also falling back to the $8,830 level of support before finding a bounce. Ethereum fell to as low as $192 before triggering a relief rally to the upside, although until it can break back above $203 the short-term trajectory looks gloomy. It's worth noting that $192 is a key level of support with the previous touch leading towards a 12.66% rally to the upside. In order to break the bearish cycle of consistent lower highs Ethereum needs to trade back
Bitcoin again failed to pass the $10K threshold, and after a few days in a sideways trend, the first coin is facing increased bear pressure. In 24 hours, Bitcoin lost more than 4% to $9,300.
It’s a bearish start to the day for the majors. Support levels could come into play should key levels not be hit by late morning.
It’s a choppy start to the day for the majors. Failure to move through to key levels will bring support levels into play before any recovery.
It’s a bearish start to the day for the majors. Failure to move through to key levels by late morning could see heavier losses come later in the day.
It’s a bearish start to the day. Failure to move back through to key levels will bring support levels into play before any recovery.
Europe is playing a little catchup in early trade on Thursday while the US is heading for a flat open as investors prepare for choppy waters ahead.
Bitcoin defies gravity, adding 7% in the last 24 hours to $9,500 at 09:00 GMT. Along with the price, the trading volume increased by 12%, which additionally speaks in favour of further growth.
It’s a mixed start to the day for the majors. A move back through Wednesday’s highs would bring resistance levels into play.
Reddit, the popular online forum, is beta testing two Ethereum-based tokens for users to earn rewards for contributing content, The Block has learned.The post Reddit to launch Ethereum-based tokens for cryptocurrency and Fortnite subreddits appeared first on The Block.