CRYPTO NEWS - Market Going Down And in the Red Zone for the Moment
CRYPTO NEWS - Market Going Down And in the Red Zone for the Moment
00:05 Intro
01:48 Crypto News
03:17 Bitcoin News
04:32 Ethereum News
05:15 Bitcoin Technical Analysys
07:40 Ethereum Technical Analysys
08:01 Crypto Market News
10:09 Outro
After another pullback to the $48,000 area, bitcoin price began to fall again. BTC traded below the levels of $ 47,500 and $ 47,000. At the moment, the price is consolidating near the $46,000 level. Immediate support is near the $46,000 level. Critical support is around $45,500, below which there is a risk of a stronger drop.
On the other hand, there is an initial obstacle near $46,800. The first serious resistance is at the level of $ 47,000, above which the price can rise.
Cryptocurrency market on January 4, 2022: Ethereum price
The price of Ethereum has also started to fall below the $3,800 mark. ETH fell below $3,750 and retested $3,680 before bouncing back to $3,750. On the other hand, initial support is near the $3,700 mark. The main breakout support is at $3,680, below which a pullback to $3,600 is possible.
Immediate resistance is near the $3,780 level. The next major hurdle is at the level of $ 3,800, above which the price may try to break through the $ 3,850 level.
Cryptocurrency market January 4, 2022: ADA, BNB, SOL, DOGE and XRP prices
Cardano (ADA) has fallen nearly 3% to below $1.32. It is currently trying to bounce back, but if that fails, a sharp drop below $1.30 in the coming sessions could lead to an even bigger drop.
Binance Coin (BNB) is also down 3%, and the bears have dropped the price below $512. It is currently struggling to stay above the $500 mark. A closing price below $500 could trigger a steeper drop to $480.
Solana (SOL) has fallen below $170. The price is currently approaching the support level of $165. If the bulls fail to defend $165, a stronger drop is possible. On the other hand, bears may remain active near the $175 mark.
DOGE has fallen below the $0.170 mark. The price is gaining downward momentum and may soon return to the $0.165 level. The next major support is near the $0.162 level.
The XRP price has fallen and is approaching the $0.820 level. The next major support is near $0.80, below which the price could accelerate downward. On the downside, $ 0.85 is a huge hurdle.
Cryptocurrency market January 4, 2022: another altcoin market
Many altcoins are up more than 8%, including FTM, NEAR, SCRT, CRV, RVN, ALGO, AMP, ATOM, ROSE and LINK. Of these, FTM was up nearly 20% to $2.90, bringing the weekly gain to nearly 32%. Meanwhile, NEAR is up 22% in one day and 17% in one week and is now above $17.
Overall, the bitcoin price is falling and consolidating near $46,000. If BTC does not hold above $46,000, a more pronounced decline is possible in the short term.
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#cryptocurrency #crypto
00:05 Intro
01:48 Crypto News
03:17 Bitcoin News
04:32 Ethereum News
05:15 Bitcoin Technical Analysys
07:40 Ethereum Technical Analysys
08:01 Crypto Market News
10:09 Outro
After another pullback to the $48,000 area, bitcoin price began to fall again. BTC traded below the levels of $ 47,500 and $ 47,000. At the moment, the price is consolidating near the $46,000 level. Immediate support is near the $46,000 level. Critical support is around $45,500, below which there is a risk of a stronger drop.
On the other hand, there is an initial obstacle near $46,800. The first serious resistance is at the level of $ 47,000, above which the price can rise.
Cryptocurrency market on January 4, 2022: Ethereum price
The price of Ethereum has also started to fall below the $3,800 mark. ETH fell below $3,750 and retested $3,680 before bouncing back to $3,750. On the other hand, initial support is near the $3,700 mark. The main breakout support is at $3,680, below which a pullback to $3,600 is possible.
Immediate resistance is near the $3,780 level. The next major hurdle is at the level of $ 3,800, above which the price may try to break through the $ 3,850 level.
Cryptocurrency market January 4, 2022: ADA, BNB, SOL, DOGE and XRP prices
Cardano (ADA) has fallen nearly 3% to below $1.32. It is currently trying to bounce back, but if that fails, a sharp drop below $1.30 in the coming sessions could lead to an even bigger drop.
Binance Coin (BNB) is also down 3%, and the bears have dropped the price below $512. It is currently struggling to stay above the $500 mark. A closing price below $500 could trigger a steeper drop to $480.
Solana (SOL) has fallen below $170. The price is currently approaching the support level of $165. If the bulls fail to defend $165, a stronger drop is possible. On the other hand, bears may remain active near the $175 mark.
DOGE has fallen below the $0.170 mark. The price is gaining downward momentum and may soon return to the $0.165 level. The next major support is near the $0.162 level.
The XRP price has fallen and is approaching the $0.820 level. The next major support is near $0.80, below which the price could accelerate downward. On the downside, $ 0.85 is a huge hurdle.
Cryptocurrency market January 4, 2022: another altcoin market
Many altcoins are up more than 8%, including FTM, NEAR, SCRT, CRV, RVN, ALGO, AMP, ATOM, ROSE and LINK. Of these, FTM was up nearly 20% to $2.90, bringing the weekly gain to nearly 32%. Meanwhile, NEAR is up 22% in one day and 17% in one week and is now above $17.
Overall, the bitcoin price is falling and consolidating near $46,000. If BTC does not hold above $46,000, a more pronounced decline is possible in the short term.
Join our Facebook group and Telegram group Coincu News to connect with over 10,000 other people and share information about the cryptocurrency market.
#cryptocurrency #crypto
