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25 May 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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Bitcoin and Ether Market Update: May 21, 2020
published: 3 days ago
Total crypto market cap lost $7.7 billion of its value since Monday morning and now stands at $261.9 billion. Top ten coins are all in red for the last 24 hours with Litecoin (LTC) and Bitcoin Cash (B...

sentiment (-0.1) Negative

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