July 9th cryptocurrency market: Bitcoin Ethereum and Altcoin both fell

Cryptocurrency Market July 9 by cryptonew: Bitcoin price began to decline from the resistance at USD 35,000. BTC traded near $ 33,000 under several key supports. Currently (04:36 UTC) it is consolidating above the $ 32,000 support, below which it may decline to $ 30,000.

Similarly, most of the big altcoins are gaining declining momentum. ETH broke the USD 2,150 support before recovering. XRP also crashed, climbing below $ 0.60.

July 9th cryptocurrency market: Bitcoin price

After the bearish reaction at $ 35,000, Bitcoin price started falling again. BTC has broken the USD 33,500 and USD 33,000 support levels. The price is currently consolidating above the $ 32,000 zone and attempting to move above the $ 33,000 mark where it could encounter resistance near the $ 33,200 mark. The first major hurdle is currently forming near the $ 34,000 mark.

If the bears break the $ 32,000 support, the price could accelerate towards the $ 30,000 support area.

Cryptocurrency Market July 9th: Ethereum Price

Ethereum price extended its decline below the USD 2,150 support area. ETH even got below $ 2,080 and tested the $ 2,050 region. The price is currently recovering and trading above the $ 2,100 level. The first major resistance is near the $ 2,150 mark.

On the downside, the initial support is close to the $ 2,080 level. Key support is at $ 2,050, below which the price could test $ 2,000 in the upcoming sessions.

Cryptocurrency Market July 09: ADA, LTC, DOGE and XRP prices

Cardano (ADA) is down 4% to trade below $ 1.35. Immediate support is near the $ 1.30 mark. If it closes below $ 1.30, the price could accelerate down towards $ 1.25. On the flip side, the bears could stay active near the $ 1,365 mark.

Litecoin (LTC) extended its decline below the $ 130 mark. LTC even tested the $ 125 support. On further losses, the bears can attempt to test the $ 112 mark. Conversely, another move towards the $ 140 mark is possible.

Dogecoin (DOGE) is down more than 5% and is currently trading below $ 0.212. The price even climbed below $ 0.200. It looks like a move towards the USD 0.180 support is likely in the near future.

XRP price plunged below $ 0.620 and even rose below the $ 0.600 support. If the current trend stays intact, it is likely to drop to $ 0.565. Otherwise, the price could bounce towards $ 0.632 in the short term.

Cryptocurrency Market July 9th: Another Altcoin Market Today

Many altcoins are down more than 8%, including MANA, AXS, ENJ, CHZ, SC, WAVES, RUNE, DCR, THETA, SOL and ICP. Of that, MANA fell more than 20% and even broke the USD 0.65 support. Meanwhile, LEO, ZRX and LUN are up 6% to 11%.

Overall, Bitcoin price is showing signs of falling below the $ 33,200 and $ 33,500 levels. If BTC drops below $ 32,000, it could drop to $ 30,000 in the short term.

Join our Facebook group and Telegram group Coincu News to chat with more than 10,000 other people and share information about the crypto currency market.

Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice. Your money, the choice is yours.