Crypto Market Update: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC Prices and Analysis.
TL;DR Summary
Bitcoin slipped below $27,000, indicating that buyers are struggling to sustain relief rallies. Institutional investors seem to be booking profits due to macro uncertainty. Ether turned down from the 20-day EMA, indicating that bears are protecting the level with vigor. Binance Coin turned down from the 20-day EMA, indicating that bears are active at higher levels. XRP broke above the overhead resistance but may oscillate between the downtrend line and $0.40 for some time. Cardano is fiercely defending the $0.38 resistance, and the bears have a slight edge.
- Price analysis 5/17: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC Cointelegraph
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- ‘One of the greatest’ Bitcoin metrics says BTC price bull run is here Cointelegraph
- BTC/USD Forex Signal: Neutral Sentiment as Volatility Slumps DailyForex.com
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