Investing

Bitcoin Cash is falling after reaching the $540 resistance zone. For BCH to turn down from the recent high is an indication of resuming a range-bound movement for a few days.

Just like any other businesses have risks, the cryptocurrency investment is not an exception. There is a big number of fraudulent projects that take advantage of the cons of the cryptocurrency industry. These vulnerabilities make it easier to attract people, and then leave them without their funds.

Following the breakdown on January 11, XRP corrected upward and resumed a range bound movement between $0.26 and $0.31.

Bitcoin has continued to fall after a second rejection from the recent high. The coin is still fluctuating above the $33,000 support.

Litecoin rebounds above $132 as the altcoin resumes upward move. The price is fluctuating between $132 and $147 as buyers fail to take firm control of price upward move.

For the past 48 hours, Bitcoin has been in a downward move after breaking below the $38,000 support. The king coin slumped to $32,800 but pulled back above $34,000 support.

Binance Coin (BNB) is in an upward move as it rallied to $47.50 high. Today, the crypto has retraced to $43 low and it is consolidating above the current support.

Bitcoin SV is retracing after yesterday’s price spike. The price has retraced above the $200 support level. There will be a further upside momentum if the current support level holds.

Today, Bitcoin Cash resumes upward after rejection from the $480 price level. Buyers have pushed the crypto to a high of $445.