Cryptocurrency Tug-of-War: Bitcoin, Ethereum, Binance Coin, and Ripple Current Overview

As of writing time, Bitcoin is striving to maintain $25,800, but the $26,000 level has been lost. The forthcoming macroeconomic data this week is likely to alleviate investor fear, yet a surge in cryptocurrencies is thwarted by the SEC, staving off further decline. What is the present outlook for the top 3 altcoins? Ethereum (ETH) Analysis Currently, the ETH price stands above $1,700. Sellers are targeting a deeper drop below this level. If this transpires, we would witness the beginning of a deeper correction, with the next support at $1,600. The support here isn’t particularly strong, and if lost, the sell-off could continue down to the robust $1,352 support level. Conversely, if the ETH/USDT pair bounces back once again from $1,700, it would indicate that the bulls are fiercely defending the level. A rally above resistance at $1,778 could set a target of $2,000 once more. Binance Coin (BNB) Analysis […] The post Cryptocurrency Tug-of-War: Bitcoin, Ethereum, Binance Coin, and Ripple Current Overview appeared first on COINTURK NEWS.