Cryptocurrency price market September 21, according to cryptonew: Bitcoin price extends its decline below the $ 43,500 support. BTC even broke the $ 42,000 support and traded near $ 40,000. At 04:26 UTC, BTC is making up for its losses, but the bears keep the price below $ 43,000.
Likewise, most of the major altcoins collapsed. ETH fell below the $ 3,200 and $ 3,000 support levels. XRP fell nearly 4% and even tested the USD 0.880 support area. ADA moves below $ 2.00 before correcting up.
After closing below $ 45,000, Bitcoin price gained bearish momentum. BTC traded below the $ 43,200 and $ 42,000 support levels. The price even traded below $ 41,200 before the bulls surfaced near $ 40,200 and pushed the price back above $ 42,000. The cops are currently facing hurdles near the $ 43,000 mark. The next major resistance could be at $ 43,500.
On the flip side, the immediate support is close to $ 42,000. The first major support is at $ 41,200, below which the price could test the key support of $ 40,000.
Ethereum price also followed a similar pattern, plunging below $ 3,200. ETH even fell below the $ 3,000 and $ 2,980 support levels. However, the bulls defended the USD 2,800 support area.
The price is currently rebounding higher trying to close above $ 3,000. The next big resistance is at $ 3,120, above which the price could start a steady rise.
Cardano (ADA) fell below the $ 2.20 support. It even got below $ 2.00, but the downside is limited. The price is currently recovering and trading near $ 2.10. The main hurdle for the bulls is currently forming at $ 2.20. If there is another decline, the bulls may have trouble defending $ 2.00.
Litecoin (LTC) extended its decline below the USD 160 and USD 155 support levels. It tested $ 150 but tried again to correct higher. The price is trading near $ 160 and could face resistance near $ 165. On the downside, the $ 150 level is a strong support.
Dogecoin (DOGE) plunged below $ 0.212 and $ 0.205. It tested the $ 0.199 level where the bulls are. The price is back above $ 0.205 but must exceed $ 0.212 to continue rising in the short term. The next major resistance is near $ 0.220.
The XRP price has fallen nearly 4%, falling below the $ 1.00 level. The price was trading below $ 0.950 and $ 0.920. It tested $ 0.865 and bounced back over $ 0.920. To return to the positive zone, the price must settle above the USD 1.00 resistance.
Many altcoins are down more than 10%, including NEAR, AUDIO, FTM, ATOM, CRV, BSV, KSM, HT, RUNE, CAKE, XTZ, MANA, and ICP. Of these, NEAR is down 18% and is trading below $ 8. Meanwhile, OMG is up 20% and is approaching the $ 11 mark.
Overall, Bitcoin price collapsed and tested the USD 40,000 support area. BTC is currently recovering but needs to level off above $ 43,500 to continue rising in the upcoming sessions.
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