Bitcoin, ETH, XRP And BNB Show Diverging Price Trends
Photo: Cointribune
Bitcoin, Ethereum, XRP, and BNB all experienced a sharp increase in volatility after the Binance hack. However, comparing their declines shows very different situations: BTC still defends a long-term trend, while XRP and ETH need to rebuild several lost supports. Bitcoin traded around 76,650 dollars after its rejection in the 81,000 to 82,000 dollars zone. Its drop from this resistance is about 6.5% . The price now tests its 200-day moving average, located between 76,400 and 76,600 dollars. The other three assets display deeper corrections from their recent highs.
Also reported by U.Today.
Source: Cointribune
