The Bears are in; Crypto Market swims in Red Lights

2018-12-27 13:36

Yesterday, ZyCrypto reported on the state of the cryptocurrency market revealing that it was threading fairly with slight gains and losses. Top dogs like BTC, Ether and the likes were dwindling by less than 3% when the day began. However, since the past 24hrs, the bears have shown themselves strong and ready to lead the pack. With losses ranging from 5 to 7%, today’s market may not be the one to birth the best of trades as more and more tokens/coins continue to bend into the grip of the bears.

Via Coin360.com

It is interesting to note that although the market is blinking in red lights, most tokens and coins are still maintaining their breakout prices. The likes of BCH has managed to maintain stability and settle above the $100 mark. Despite losses reaching 3.24%, BCH still trades at $167.93 as of this writing.

The effects of the bears have also been more profound on some coins/tokens than others. For example, Ether had been on its way to tie with Ripple XRP in market capitalization as it brought itself closer to XRP by $1 billion, making XRP only $2 billion away from it, but that was until the bears kicked in fully.

Meanwhile, altcoins like Bitcoin Diamond BCD have attained as much as 10% in gains, keeping its trading price at $1.01. Others like Maker MKR is also shedding green lights as it manages to stay afloat while trading at $452.77.

Traders are not fully calling in the bottom as they perceive a bull run in 2019, which is in less than a week. As traders anticipate the effects of institutional investors, exchanges have also reaffirmed that they are prepared for the year. With Coinbase signing in new institutional investors, the cryptocurrency space is expected to be flooded with a galore of gains in both trading volume, market cap and trading price.

The level of adaptation expected to come with 2019 has managed to keep traders sane throughout the unsteady market patterns.

The post The Bears are in; Crypto Market swims in Red Lights appeared first on ZyCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

market bears lights zycrypto red crypto swims

market bears → Результатов: 126


Cardano (ADA) Leads Bullish Charge, Is The Market Sobering?

The market is green again. Since the market rallied during the weekend, bulls have remained adamant and are not allowing bears any room to take over again. Could this be a sign that the market is finally sobering up? For the past four weeks, the market has been stumbling and falling and for some time, […] The post Cardano (ADA) Leads Bullish Charge, Is The Market Sobering? appeared first on ZyCrypto.

2018-12-13 20:08


XRP breaks below $0.3 as Crypto market takes another widespread hit from the Bears

XRP appears to be on the verge of a major market crisis, one that has succeeded in subduing most cryptocurrencies and leaving them with losses in both trading price and volume. Cryptocurrency traders have been applauding the token for its promising future after it dethroned Ethereum to become the world’s second most valued cryptocurrency, right […] The post XRP breaks below $0.

2018-12-12 22:35


Фото:

Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market.

2018-11-30 01:45


Фото:

Crypto Analyst: Bitcoin (BTC) To Base At $3,500, But Bears Aren’t Done Yet

Crypto Market Puts A Pause On Tumultuous Activity, Bitcoin Finds Stability To say that crypto’s past two weeks have been tumultuous would, frankly, be putting it rather lightly. On November 13th, Bitcoin (BTC) was trading at $6,200, but since that fateful day, the eye of Bitcoin Cash’s network upgrade (a purported bearish catalyst), BTC has […] The post Crypto Analyst: Bitcoin (BTC) To Base At $3,500, But Bears Aren’t Done Yet appeared first on Ethereum World News.

2018-11-28 05:42