Bitcoin exchange rate drops towards US $ 4,000 – Ripple and Ether drag

the The price of Bitcoin is struggling currently, with the 4,000-US-Dollar-brand. Currently, he does not seem to escape the downward trend. Thus, it is decisive for the entire crypto-market - Ripple (XRP) and Ethereum (Ether) to absorb losses.

By Phillip Horch
30. November 2018 share Facebook Twitter LinkedIn xing mail

Bitcoin, where is the journey? To free himself from the bear claws, does not want to succeed in the leading cryptocurrency by market capitalization. After the Bitcoin rate of 6,000 US dollars on 14. November broke through, there were a few short outliers only one direction: downwards.

The short gasp, which the Bitcoin was able to show the course in the last few days, has not developed accordingly to an upward trend. A look at the hourly chart shows that the price fell back below the moving averages the last 50 and 200 hours. The MACD makes a bearish impression, which is confirmed by both the RSI at 30 and the Aroon indicator. Remains only to hope that the through the Plateau between the age of 25. and 26. November described Support a further fall. This Support is about 3.950, US Dollar and is currently being tested.

The Performance of Bitcoin in the last 24 hours is currently at a loss of almost eight percent. In contrast to the previous week, he loses to almost seven percent, over the month it is 36 percent, the rate loses.

Not only to Bitcoin: XRP, Ethereum & co. move down

As is so often the Altcoins on the mother of all crypto-based currencies. The Ripple price (XRP) is not lost in the last 24 hours of 6.6 per cent. This means that the price of XRP is a Token that is currently at $ 0.36.

The Ethereum course (Ether) it looks quite similar. Here, it is currently 6.5 percent, the moves of the Ethereum course and the Ether-Token-to-bottom. Currently, the price for ETH is 114 U.S. dollars.

For a detailed rate analysis for Bitcoin, Ethereum and Ripple.