Categories: Market

Crypto Markets Aug 19: Bitcoin, Ethereum Correct Losses As Altcoins Rise

Crypto Market Aug 19 by cryptonew: Bitcoin price started a downward correction under the help degree of $ 45,500. BTC even broke the $ 45,000 mark and prolonged its decline. At 04:00 UTC it’s trading under $ 45,000 and it might probably prolong its losses under $ 44,000.

Likewise, a lot of the large altcoins are slowly falling. ETH trades under the USD 3,050 and USD 3,000 help ranges. XRP is consolidating above the $ 1.05 and $ 1.08 help ranges. Conversely, if ADA rose sharply above the $ 2.00 resistance, it did higher.

Cryptocurrency market August nineteenth

Cryptocurrency Market August nineteenth: Bitcoin Price

Bitcoin price has lately moved under $ 45,500 and $ 45,000. It’s even under the $ 45,000 pivot degree. Immediate help is close to the $ 44,000 area. If it breaks under $ 44,000, it might probably slide towards $ 43,200. The subsequent large help is close to the $ 42,000 mark.

On the opposite hand, an preliminary hurdle is close to the $ 44,800 mark. The first main resistance is close to the $ 45,000 mark. A significant resistance is presently forming close to the $ 45,500 mark, above which a retreat to $ 47,000 is feasible.

Cryptocurrency Market August nineteenth: Ethereum Price

Ethereum price is slowly falling under the USD 3,050 help. ETH is trading under $ 3,000 and is approaching the $ 2,950 help degree. If there’s a draw back break under USD 2,950, the price might speed up down in direction of USD 2,880 and even USD 2,850.

Immediate resistance is close to the $ 3,020 degree. The first main resistance is at $ 3,050, above which the price might take a look at the $ 3,110 pivot degree.

Cryptocurrency market August nineteenth: Price from ADA, LTC, DOGE and XRP

Cardano (ADA) stays excessive above the USD 1.92 help. As a end result, ADA started rising once more above the $ 2.00 resistance. It is up greater than 8% and has made a big breakthrough above the $ 2.10 degree. Any additional good points might transfer the price in direction of $ 2.20.

Litecoin (LTC) fell under the USD 172 help and examined the USD 165 space. If the bears stay lively, the price might slide in direction of the important thing USD 155 help space. Conversely, the price might attempt to begin a restoration wave above the USD 170 and USD 172 ranges.

Dogecoin (DOGE) rose under the $ 0.288 and $ 0.285 help ranges earlier than a bid was discovered. A brand new rally started and climbed above the USD 0.300 resistance. Initial resistance is close to $ 0.312, above which a pullback into the $ 0.335 resistance space is feasible.

The XRP price has settled under the pivot degree of $ 1.20. However, the bulls are presently defending the USD 1.05 and USD 1.08 help ranges. As lengthy because the price is above $ 1.05, a brand new wave above the $ 1.20 resistance space is feasible.

Cryptocurrency Market Aug nineteenth: Another Altcoin Market

Some altcoins are up greater than 10% together with LUNA, AVAX, ATOM, AR, PERP, AUDIO, VGX, FTM, QNT and XDC. Of these, LUNA is up 30% and surpassing the $ 30 mark.

Overall, Bitcoin price is exhibiting little signal of falling under the $ 45,500 and $ 45,000 help ranges. If BTC extends its decline under $ 44,000, it might probably return to $ 42,000.

Join our Facebook group and Telegram group Coincu News to talk with greater than 10,000 different individuals and trade details about the crypto foreign money market.

Important NOTE: All content material on the web site is for informational functions solely and doesn’t represent funding recommendation. Your cash, the selection is yours.

CoinX

Recent Posts

Bitcoin Spot ETF Outflows Reach Second Highest in History

Bitcoin Spot ETF Outflows hit $541M on November 4, the second-highest single-day outflow in history.…

3 hours ago

PropiChain’s Token Presale Turns Heads as the First DeFi Platform to Merge NFTs with AI 

The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…

6 hours ago

UK Pension Fund Cartwright Encourages 3% Allocation to Bitcoin Investment

UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…

8 hours ago

Crypto PAC Fairshake Continues to Boost 2026 Election With Support from a16z

a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…

9 hours ago

Bitcoin, Ethereum, And Solana Lead Crypto Market, But Not For Long With New AI Altcoin With 30,000% Potential, Expert Says

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…

12 hours ago

Dogecoin Price Prediction: Will DOGE Ever Hit $0.7 Again? Why ETFSwap (ETFS) Is The Best Alternative For 100x Gains

Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…

15 hours ago

This website uses cookies.