Cryptocurrency market September 22: Bitcoin holds over $ 40,000, Ethereum and Altcoins slide against BTC

Cryptocurrency Market September 22nd by cryptonew: Bitcoin price started falling from the resistance at $ 43,500. BTC broke the $ 42,000 support and fell below $ 40,000. However, at 04:25 UTC, BC is back above $ 42,000.

Also, most of the big altcoins will fall. ETH fell below $ 3,000 and even below $ 2,800. XRP is consolidating near $ 0.900 and could continue to fall. ADA could fall sharply if it breaks the $ 2.00 support.

Cryptocurrency Market September 22nd: Bitcoin Price

After a slight upward correction, Bitcoin price began to drop below $ 42,000. BTC broke the $ 41,200 support and even rose below $ 40,000. However, the bulls were active near the $ 40,000 mark and the price started a new wave of recovery. It corrected over $ 41,200 and $ 42,000. It is currently facing resistance near the $ 42,550 mark. The next major resistance could be at $ 43,000.

On the flip side, instant support is at $ 41,200. The key breakout support is now forming at $ 40,000, below which the price could drop further.

Cryptocurrency Market September 22nd: Ethereum Price

Ethereum price fell below the $ 3,000 support. ETH even fell below the USD 2,800 and USD 2,720 support levels. It tested $ 2,650 before correcting higher. Immediate resistance is near the $ 2,920 level.

The next big resistance is at $ 3,000, above which the price could start a steady rise. If it falls further, the bears may aim for a break below the USD 2,650 support area.

Cryptocurrency Market September 22nd: ADA, LTC, DOGE and XRP prices

Cardano (ADA) failed to break the $ 2.15 and $ 2.20 levels. It started another decline and traded below the 2.00 support. If the ADA settles below $ 2.00, there is a risk of a larger decline. The next big support could be $ 1.88. On the other hand, $ 2.20 is a huge hurdle.

Litecoin (LTC) extended its decline below the USD 155 and USD 150 support levels. It tested $ 145 before correcting higher. Price has moved back above the $ 151 mark but could face resistance near $ 155. The next major resistance is near the $ 162 mark.

Dogecoin (DOGE) climbed below $ 0.200 and is currently consolidating near $ 0.200. If the price closes below $ 0.200 the bulls could face increased selling pressure. In this case, the price may drop to the $ 0.188 level.

The XRP price remains below $ 1.00 and is trading near $ 0.900. Immediate support is at $ 0.880. The main support is near $ 0.850, below which a short-term drop to $ 0.700 is possible.

Cryptocurrency Market September 22nd: Another Altcoin Market

Many altcoins are down more than 8%, including OMG, AUDIO, FTM, NEAR, SNX, ZEN, ATOM, XTZ, DCR, RUNE, ICX and SUSHI. Of these, OMG is down 18% and is trading below $ 9. Meanwhile, OHM, XDC and DESO rose 16% – 32%.

Overall, Bitcoin price is still trading above the USD 40,000 support area. If BTC clears $ 43,000, a steady surge to $ 44,200 is likely.

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