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Cryptocurrency marketplace June 21 based on cryptonew: Bitcoin price began to decline from over $38,000. BTC broke the $36,500 support and it dropped below $35,000. Currently (04:41 UTC) is extending losses following an unsuccessful attempt to move higher.
Similarly, the majority of the main altcoins are trading in a bearish zone. ETH broke the $2,250 support and it analyzed the 2,050 area. XRP/USD failed to sustain above $0.800 plus it tested $0.700.
Cryptocurrency marketplace June 21: Bitcoin price
There has been another rejection in bitcoin price near the $38,000 resistance area. BTC began a new decrease and it broke multiple supports near the 36,500 service area. The bears even pushed the cost below the $35,000 service area. The price analyzed the $33,350 zone and is now trading over $34,000 on a bearish angle. The price has dropped 5% each day and 13 percent in a week.
On the upside, immediate resistance is close to the $35,000 level. The key weekly resistance is presently forming near $36,500, over which a return back to the $38,000 area is possible.
Cryptocurrency Market June 21: Ethereum Price
Ethereum cost also followed a similar pattern and it traded under the $2,400 support. ETH plummeted and even traded under $2,250. The cost tested $2,050 and is now fighting to recover. ETH is down 5.5percent every day and 17 percent in a week.
Initial immunity is close to the 2,180 level. Key immunity is presently forming near $2,250, over which a return to the $2,400 area is possible.
Cryptocurrency Market June 21: BNB, LTC, DOGE and XRP Prices Giá
Binance Coin (BNB) has plummeted under the 350 support. BNB even spiked under the $325 service area. Initial service is close to the 310 level. Critical support lies at $300, under which there’s a danger of a fracture of the $280 service area. On the flip side, the $350 level could act as a barrier.
Litecoin (LTC) extended its decline under $155 and $150. The price analyzed the $142 zone and it might continue lower towards $135. On the upside, the bears can stay active close to the $158 and $165 levels.
Dogecoin (DOGE) is now trading under $0.300. The cost trades around $0.250 and is now consolidating losses. If there are more drawbacks, a fall to $0.232 is in danger. On the upside, the bulls may face hurdles around $0.285 and $0.300.
XRP cost started another sharp fall below the $0.800 service area. It even broke $0.750 and analyzed $0.700. If there’s not any bounce over $0.750, the bears can test the $0.650 service area.
Cryptocurrency Market June 21: Another Altcoin Market
Many altcoins have dropped more than 5 percent, such as KLAY, STX, CHZ, ZEN, BTG, XEM, AMP, ICP, SC, STT, KCS, QTUM, SOL, and EGLD. Of these, STX is down more than 14 percent and trading under $0.72.
Overall, the bitcoin cost is showing signs of falling under the $36,500 and $35,000 service amounts. If BTC fails to regain above $36,500, there’s a possibility of a fall to $32,000.
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