Downtrend

How PrimeXBT Contests Helps Crypto Enthusiasts Invest With No Starting Capital Required
Jun 17, 2022 at 10:53
News
How PrimeXBT Contests Helps Crypto Enthusiasts Invest With No Starting Capital Required
The crypto market has been in a brutal downtrend, which means there is widespread fear and a strong hesitation to reenter positions. Some investors lost significant capital during the drawdown and could have less money to risk at this time. Others might simply want to see more of a recovery from the asset class before going long.
Bitcoin Attempts to Hold Above $20,000 but Trades in a Tight Range
Jun 16, 2022 at 11:09
Price
Bitcoin Attempts to Hold Above $20,000 but Trades in a Tight Range
The Bitcoin (BTC) price has finally fallen to the psychological $20,000 mark. On June 14, the largest cryptocurrency fell to a low of $20,816 and consolidated back above the current support.
Weekly Cryptocurrency Market Analysis: Altcoins Face Sharp Declines as They May Resume Bottom Formation
Jun 15, 2022 at 10:15
Price
Weekly Cryptocurrency Market Analysis: Altcoins Face Sharp Declines as They May Resume Bottom Formation
Cryptocurrency markets have been facing heavy selling pressure since Monday, June 13. The altcoins listed below are the worst performing cryptocurrencies this week. Convex Finance and the other altcoins have fallen and broken their historical price levels at the bottom of the chart.
Ripple Loses $0.33 Low as It Targets Strong Support at $0.25
Jun 14, 2022 at 13:13
Price
Ripple Loses $0.33 Low as It Targets Strong Support at $0.25
Ripple (XRP) is in a downtrend as the price drops below the current support at $0.38. The bearish momentum has extended, breaking the previous low at $0.33.
Bitcoin Declines above $24,000 as Bears Threaten Further Downsides
Jun 13, 2022 at 10:57
Price
Bitcoin Declines above $24,000 as Bears Threaten Further Downsides
Bitcoin (BTC) has fallen to a low of $24,291 after three weeks of trading above the $29,078 support level. According to the price indicator, Bitcoin has fallen to a targeted low of $24,352.
Weekly Cryptocurrency Market Analysis: Altcoins Face Stiff Rejection at the Overhead Resistance
Jun 09, 2022 at 09:27
Price
Weekly Cryptocurrency Market Analysis: Altcoins Face Stiff Rejection at the Overhead Resistance
The cryptocurrencies below have picked up another round of selling pressure. The upside corrections led to further downside in altcoins. The resistance levels posed a challenge to the recovery of the altcoins.
Dogecoin Consolidates in a Tight Range as It Holds above $0.08
Jun 05, 2022 at 09:50
Price
Dogecoin Consolidates in a Tight Range as It Holds above $0.08
Dogecoin (DOGE) is in a downward correction as the altcoin falls below moving averages. In the last five days, the cryptocurrency has traded below the moving averages due to the rejection on May 27 and May 31.
Ethereum Revisits $1,763 Low Twice as Bears Threaten to Short
Jun 03, 2022 at 11:54
Price
Ethereum Revisits $1,763 Low Twice as Bears Threaten to Short
Ethereum (ETH) is in a downward correction and continues its downward movement.
Weekly Cryptocurrency Market Analysis: Altcoins Revisit Previous Lows, Resume Selling Pressure
Jun 01, 2022 at 12:54
Price
Weekly Cryptocurrency Market Analysis: Altcoins Revisit Previous Lows, Resume Selling Pressure
The cryptocurrencies listed below are still deep in the downtrend zone. The bulls have failed to break the 21-day moving average line, hence the downtrend. The altcoins continue to face selling pressure on every rally. This week, these altcoins may continue to fall.
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