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Bitcoin and Ethereum Face Strong Resistance, LUNA, ATOM Dive

Bitcoin price climbed above the USD 37,000 level but there was no upside continuation. BTC trimmed gains and traded below USD 36,500. It is currently (11:56 UTC) consolidating near this level. Similarly, most major altco...

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Bitcoin and Ethereum Face Strong Resistance, LUNA, ATOM Dive
 
Bitcoin price climbed above the USD 37,000 level but there was no upside continuation. BTC trimmed gains and traded below USD 36,500. It is currently (11:56 UTC) consolidating near this level.
Similarly, most major altcoins are consolidating below resistance. ETH failed to surpass the USD 2,500 resistance and moved lower. XRP could continue lower if there is a daily close below USD 0.580. ADA failed to clear the key USD 1.08 resistance zone.
Total market capitalization...
Read More: Bitcoin and Ethereum Face Strong Resistance, LUNA, ATOM Dive

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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