Crypto Market September 13 by crypto news: Bitcoin price tried to close above the $ 46,000 swing zone but failed. BTC began another decline and traded under the support of $ 45,000. At 04:24 UTC, there is still a risk of movement towards $ 42,500.
Likewise, most of the significant altcoins face several hurdles. ETH has fallen below the $ 3,400 and $ 3,350 levels. XRP is showing bearish signs below the $ 1.15 and $ 1.20 resistance levels. ADA is down 6% to break the $ 2.50 support.
Cryptocurrency Market September 13
After an upward correction, Bitcoin‘s price failed to hold above $ 46,500. As a result, BTC began another decline and broke the USD 45,500 support area. There was also a break below the USD 45,000 support area. If the bears remain active, another drop to $ 44,200 is possible. The next considerable support could be $ 43,000 or $ 42,500.
Immediate resistance to the upside is $ 45,800. The first significant resistance is near the $ 46,000 mark. The effective weekly resistance is currently forming at $ 47,000.
Ethereum’s price began to drop below the USD 3,400 support. ETH broke the $ 3,350 and $ 3,300 levels. It is currently approaching the USD 3,250 support level. If it breaks below $ 3,250, there is a possibility of a decline towards $ 3,000.
On the flip side, the first significant resistance for the bulls is close to $ 3,350. The weekly pivot level is currently forming near the $ 3,500 mark.
Cardano (ADA) rose above the USD 2.55 resistance, but there was no bullish continuation. As a result, there was another drop, and the price traded below the USD 2.50 support. The next significant support is at $ 2.38, below which the bears can test $ 2.20.
Litecoin (LTC) is bearish and has broken the USD 180 support. The price is currently consolidating near the $ 175 mark, with immediate help at 172. It is likely to fall to $ 165 on further losses.
Dogecoin (DOGE) is trading well below the $ 0.250 pivot level. Initial support is near the $ 0.232 level. The primary asset is near the $ 0.220 level, below which there is a short-term risk of moving towards the $ 0.20 support area.
The XRP price failed to break the $ 1.15 resistance area and began another decline. It is currently trading below the $ 1.10 level and could slide further towards the $ 1.05 level. The primary breaking support is near $ 1.00, below which it could fall further.
Many altcoins are down more than 5%, including SOL, FTM, QNT, AR, AVAX, OMG, CELO, FTT, MINA, LUNA, REV, MDX, and KCS. In contrast, ATOM, XTZ, DOT, and ONE gained more than 10%.
Overall, Bitcoin price is showing signs of falling below the $ 45,800 and $ 46,000 resistance levels. If BTC can’t hold above $ 44,000, it could prolong the decline.
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