• Days
  • Hours
  • Mins
  • Secs
  • Thu, 19 Sep 2019, 06:46 PM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Crypto Currency Brief: Major crypto pairs plunge to multi-month lows on generic pessimism, Jamaica Stock Exchange announces crypto asset trading in 2018 – Tuesday, August 14th, 2018

Tue, 14 Aug 2018, 11:52 am UTC

BTC/USD: Bitcoin achieved new lows during late European session Tuesday, falling to 1-1/2 month low and breaching the $6,000 mark amid renewed sell-off for reasons quite unknown. Last week, the United States SEC had announced the postponement of a Bitcoin Exchange Traded Fund (ETF), proposed by VanEck and SolidX. This week, nothing much at the fundamental level has exchanged paths with the cryptocurrency. At the time of writing, BTC/USD slumped 4.01 percent to $6,001.50. Meanwhile, the near-term support is seen at $5,780.00 and resistance at $6,500.00.

ETH/USD: Following Bitcoin’s trend, Ethereum prices slumped to a 10-month low on Tuesday, following the humongous selling pressure created by ICOs, as projects are always in search for liquidating digital assets in exchange for fiat currency, according to the latest news from NewsBTC. At the time of writing, ETH/USD plunged over 8 percent to $260.84, hitting day’s low of 249.93. Meanwhile, the near-term support is seen at $240.00 and resistance at $320.00.

XRP/USD: Ripple also followed its wider peers, trading at levels last seen in December 2017, as a sense of pessimism continue to dominate in the cryptocurrency market. In other news, the Jamaica Stock Exchange (JSE) has announced today that it will soon be offering cryptocurrencies as tradeable assets for its clients, Coindesk reported. At the time of writing, XRP/USD lost 5.55 percent to $0.25833. Meanwhile, the near-term support is seen at $0.2450 and resistance at $0.2700.

BCH/USD: Bitcoin Cash, remained no different, stooping to November 2017 levels, in a generic pessimism that shook digital currency markets since mid of last week. Any consolidation above the $590 level may provide room for a short-term bullish reversal. At the time of writing, BCH/USD traded 9.08 percent down at $483.00. Meanwhile, the near-term support is seen at $450.00 and resistance at $520.00.

EOS/USD: The EOS, also displayed red patterns, plunging heavily after the crypto market lacked momentum, losing out $23 billion, dropping from $217 billion to $194 billion, CCN reported. At the time of writing, EOS/USD traded 6.05 percent lower at $4.3002. Meanwhile, the near-term support is seen at $4.0000 and resistance at $4.6700.

LTC/USD: The Litecoin traded at 14-month low on Tuesday and is trying hard to hold slightly above $50 mark. At the time of writing, LTC/USD traded 9.59 percent lower at $51.11. Meanwhile, the near-term support is seen at $49.00 and resistance at $54.69.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,068.50 (-1.51%)
  • Ethereum (ETH) $220.49 (+3.38%)
  • XRP (XRP) $0.303200 (-3.40%)
  • Bitcoin Cash (BCH) $317.66 (-2.96%)
  • Litecoin (LTC) $77.10 (-2.31%)
  • Bitcoin (BTC) $10,068.50 (-1.51%)
Sep 19, 2019 (Thursday)
12:27
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
12:27
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:57
Chinese financial institutions increasingly adopting big data, blockchain and AI: Moody’s
10:50
Crypto Technicals: Monero fails to hold 200-DMA break, erases most of previous session's gains
10:16
North Korea reportedly in early stages of developing bitcoin-like national cryptocurrency
09:37
UAE’s Ministry of Health and Prevention rolls out blockchain-based system
09:17
PUBLISH’s native token ‘NEWS’ listed on CoinMarketCap
08:44
Craig Wright asks 30-day extension as he holds talks to settle $10B lawsuit
08:33
Crypto Technicals: Litecoin (LTC) flashing signs of weakness, bearish engulfing and overbought oscillators weigh
07:40
Germany adopts comprehensive blockchain strategy to block Facebook's cryptocurrency Libra
07:36
Litecoin Foundation selects Celsius Network as preferred interest bearing wallet
06:42
Turkey plans to create National Blockchain Infrastructure and regulatory sandbox
06:29
Crypto Technicals: ETH/USD retreats from 6-week highs at 217.49, close below 200-DMA to see further weakness
05:33
Tata Motors looks to collaborate with startups on blockchain-based solutions amid automotive sector slowdown
04:49
Cybersecurity startup GK8 scores $4M to conduct cryptocurrency transactions without connecting to the Internet
04:48
Crypto Technicals: Bitcoin turns bearish, slumps below $10,000 mark
03:56
SpaceChain wins €60K grant from European Space Agency for blockchain satellite wallet
03:52
Huobi launches fiat-to-cryptocurrency exchange in Argentina
Sep 18, 2019 (Wednesday)
04:56
Crypto exchange Binance.US to not launch in 13 U.S. states
04:29
VanEck, SolidX pull out bitcoin ETF proposal from SEC
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft