Cryptocurrency Brief: Bitcoin corrects previous losses, ETH/USD ditches bullish sentiment, ASX delays integration of blockchain post-trade settlements system – Tuesday, September 4th, 2018
Tue, 04 Sep 2018, 11:51 am UTC
BTC/USD: Bitcoin prices are trading above the $7,300 mark, still in race to reach the next psychological mark at $8,000. After hitting a high of $7,369 yesterday, the cryptocurrency, however, corrected its losses, only to be seen rising in Tuesday’s European session. At the time of writing, BTC/USD rose 0.70 percent to $7,318.90. Meanwhile, the near-term support is seen at $7,000.00 and resistance at $7,500.00.
ETH/USD: At the time of writing, ETH/USD fell 0.45 percent to $288.08, close to the day’s low of 288.42. Meanwhile, the near-term support is seen at $270.00 and resistance at $305.00.
XRP/USD: Ripple witnessed decent gains, tracking its wider peer Bitcoin, but prices still remain range-bound and witness no major movements. At the time of writing, XRP/USD gained 0.31 percent to $0.33543. Meanwhile, the near-term support is seen at $0.2700 and resistance at $0.4300.
BCH/USD: Bitcoin Cash, remained no different, rising in to its peers. At the time of writing, BCH/USD climbed 0.58 percent to $632.70. Meanwhile, the near-term support is seen at $600.00 and resistance at $660.00.
EOS/USD: The EOS, also gained, but only slightly, not sufficiently offsetting previous losses as well. At the time of writing, EOS/USD lost 0.21 percent to $6.4874. Meanwhile, the near-term support is seen at $5.94 and resistance at $7.20.
LTC/USD: Litecoin also enjoyed the fruits of buying sentiment across the cryptocurrency market, remaining the highest gainer among its wider peers. In other news, the Canadian government has delayed the updates on crypto regulations from this fall until 2020. At the time of writing, LTC/USD jumped 4.18 percent to $68.03. Meanwhile, the near-term support is seen at $57.00 and resistance at $75.00.
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