Cryptocurrency Market July 13 by cryptonew: Bitcoin price failed to overcome selling pressure and remains below $ 35,000. As a result, BTC saw another drop below the $ 33,500 support. It’s showing some bearish signs right now (04:25 UTC) but the support at $ 32,200 holds the key.

Similarly, most of the major altcoins are slowly gaining bearish momentum. ETH has fallen below $ 2,100 and is currently struggling to hold out above $ 2,000. XRP could continue to fall if it closes below $ 0.600.

Cryptocurrency market on July 13th: Bitcoin price

Bitcoin price started a new drop after a failed attempt to free up $ 35,000. BTC traded below the USD 33,500 and USD 33,200 support levels. It even tested $ 32,650 and is now correcting the downside. Immediate resistance is near the $ 33,500 mark. The first major resistance is at $ 34,000, above which the bulls could make another attempt to break above $ 35,000.

On the flip side, initial support is near the $ 32,600 mark. Main support is at $ 32,200, below which a sharp drop is possible.

Cryptocurrency Market July 13th: Ethereum Price

Ethereum price also followed a similar path, falling below the $ 2,050 support. ETH tested $ 2,000 and is consolidating the losses. Initial resistance is near the $ 2,080 level. The first major resistance is currently forming near the $ 2,120 mark.

The main breakout support is near the $ 2,000 mark. A closing price below this level could trigger a sharp decline in the upcoming sessions.

Cryptocurrency Market July 13: BNB, LTC, DOGE and XRP prices

Cardano (ADA) is down 4% and even tested the $ 1.30 support. If the bears remain active, a test of $ 1.25 is possible. Any further losses could pull it back into the USD 1.20 support area. On the downside, the $ 1.35 level is a critical resistance level.

Litecoin (LTC) was able to hold out above the $ 130 mark. The next big support remains near the $ 125 mark. On the downside, the price faces tough resistance at $ 140. The main breakout resistance remains near the $ 150 mark.

Dogecoin (DOGE) is down 5% and tested nearly $ 0.200. If the daily close is below $ 0.200, a sharp drop is likely in the upcoming sessions. The next big support is near $ 0.180, below which the price could test $ 0.165.

The XRP price is falling and is even trading below $ 0.620. The main breakout support is near the $ 0.600 level. A closing price below $ 0.600 could trigger a larger drop and a drop to $ 0.520 is possible.

Cryptocurrency Market July 13th: Another Altcoin Market

Many altcoins are down more than 5%, including STX, SNX, NANO, FLOW, KCS, SUSHI, UNI, GRT, AMP, ICP, DCR, THETA, RUNE, COMP and TEL. Of these, the STX is down nearly 11% and is trading below $ 1.20.

Overall, Bitcoin price is moving back into negative territory below $ 33,500. If BTC can’t hold above $ 32,200, it could drop further to $ 30,000 in the near future.

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.