ZenCash Price Chart US Dollar (ZEN/USD)
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Follow us on Twitter or join our Telegram. Bitcoin failed to maintain gains above the USD 11, level and started a bitcoin price chart usd 320 correction. Altcoins also followed the same pattern and declined. Cryptocurrencies such as Ethereum, bitcoin cash, litecoin and ripple traded lower and trimmed most of their weekly gains.
At the moment, the current price action seems to be part of a correction. However, it must not extend further, otherwise, there lies a risk of additional losses. Bitcoin started a fresh downside move from the USD 11, high and moved below the USD 11, and 11, support levels. At the moment, the pair is down 2. However, there are many support levels on the downside such as USD 10, and 10, As long as the pair stays above the USD 10, it could bounce back.
On the upside, an initial resistance is near USD 11, Above the mentioned level, the price could make an attempt to reclaim the USD 11, level. Ethereum finally made the next move and declined.
The pair traded below the USD support and is currently down 5. Going forward, it must move back above USD to avoid further declines. Ripple declined around 7. It is currently moving near the USD 1. It was a technical upside break, but due to pressure on altcoins, DigixDAO may not gain further. Overall, it seems bitcoin price chart usd 320 the market is in a correction phase from the recent highs. Having said that, there are also bearish signs emerging on the charts, which could push the price further lower in the near term.
Home News Altcoin News. Bitcoin bitcoin price chart usd 320 started a downside correction and moved below the USD 11, support. DigixDAO is holding gains and is currently trading Ethereum Ethereum finally made the next move and declined.