Price Watch: Bitcoin, Ethereum, Ripple and EOS Price Analysis 10th August

Price Watch: Bitcoin, Ethereum, Ripple and EOS Price Analysis 10th August

X2 has a market capitalization of $0.00 and approximately $0.00 worth of X2 was traded on exchanges in the last day. Meanwhile, the near-term support is seen at $6,800.00 and resistance at $7,200.00. In addition, the price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that the BTC price was falling.

Tom Lee, the CEO of Fundstrat Global, told CNBC in a recent interview that investors still believe that Bitcoin is the best cryptocurrency in a "tough market". The next two significant drops in value occurred after the SEC revealed delaying the ETF decision leading to today's BTC/USD low of $6,391 per coin.

Ether ETHUSD, -0.33% is down 1.7% to $403.44, Bitcoin Cash BCHUSD, -0.71% is trading down 3.1%, at $689.60, Litecoin LTCUSD, -0.91% is down 1.1% at $73.64 and Ripple's XRPXRPUSD, -0.55% is trading 3.5% lower at 42 cents, respectively. According to Satoshi Pulse statistics, the exchanges swapping the most bitcoin core this Wednesday include Bitflyer FX, Binance, Bitfinex, Okex, and Coinbene. They will reportedly be using a so-called "phased approach" for United States dollars trading as the process takes a "gradual approach to ramping up these markets in order to ensure quality in processes and systems before making them available to qualified customers". ETH/USD tumbled by more than $50 this week and traded below the $400 and $380 support levels. One can now be purchased for approximately $0.0000 or 0.00000000 BTC on popular cryptocurrency exchanges. has a total market cap of $0.00 and approximately $0.00 worth of was traded on exchanges in the last day. However, RSI levels (24.5) show extremely oversold conditions and there could be a small uptick if prices sink lower.


While Bitcoin's price continues to dip, although only a part of a percentage over the last 24 hours, other major coins have taken big hits. The top currency swapped for BCH today is tether (USDT) with 54 percent of today's BCH trades. Those will be hence added to the list of other already supported pairs which now include: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and TrueUSD (TUSD). Tether is followed by BTC (26%), Dollars (10.9%), QC (2.2%), and ETH (2.1%).

VeChain (VET) traded up 4.8% against the dollar and now trades at $0.0140 or 0.00000198 BTC. "I think people are afraid it is going to go back down to $6,000 and never come back from those bear markets". On the downside, a break below $0.3198 may well clear the path for more losses towards the $0.3000 and $0.2800 support levels.

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