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14 August 2020

Bitcoin and Ether Market Update: May 21, 2020

Bitcoin and Ether Market Update: May 21, 2020

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At the time of writing Bitcoin (BTC) is trading at $9,498 on the Bitstamp daily chart, while Ether (ETH) is hovering around $209 and Ripple’s XRP remains at $0.201.

The coin successfully moved above both the horizontal resistance at $9,600 and the long-term downtrend line acting as a major diagonal resistance.

The coin fell as low as $9,100 in the early hours of trading, breaking below the long-term downtrend line.

The Ethereum Project token ETH climbed to $207 or right above the diagonal resistance (mid-term downtrend line) on Sunday, May 17.

The coin formed its third consecutive green candle on the daily chart on Monday and climbed up to $214.

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Litecoin (LTC) Price Analysis: Facing Key Hurdles Near $45
published: 2 months ago
Litecoin price is showing signs of an upside correction against the US Dollar, similar to bitcoin. LTC price must clear the $45.00 hurdle to start a sustained upward move in the near term.

sentiment (-0.3) Negative

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