At the beginning of August, BTC's price was close to $7,770.
XRP (XRP) traded 8.9% lower against the dollar and now trades at $0.38 or 0.00005661 BTC.
X2 can be traded on the following cryptocurrency exchanges:. This is followed by United States dollars (24%), JPY (11.3%), Euro (3.9%), and KRW (2.6%). ETH/USD tumbled by more than $50 this week and traded below the $400 and $380 support levels.
VeChain (VET) traded 3.7% higher against the dollar and now trades at $0.0137 or 0.00000193 BTC.
Failure to break back through to $0.34 levels would likely see Ripple's XRP slide through the day's first major support level at $0.3278 to bring sub-$0.32 levels into play before any recovery, Ripple's XRP expected to continue to hold on to $0.30 levels through the day. This shows that investors are pulling out of the higher risk alternative cryptocurrencies. If negative prices continue, there will be longer pitstops between $6,300 and $5,900 as there is solid support in this region. Investors seeking to trade First Bitcoin should first buy Ethereum or Bitcoin using an exchange that deals in USA dollars such as Gemini, Coinbase or GDAX.
However, it could just be a case of what goes up, must come down; indeed, the entire cryptocurrency market has been on a general downtrend for most of 2018 after Bitcoin reached a high of almost $20,000 in January.
IOTA (MIOTA) traded down 9.6% against the dollar and now trades at $0.80 or 0.00011220 BTC. It seems the current trading price for ETH is trapped within quite a tight window, it can neither fall very much due to strong support underneath it but it is also facing many barricades from above deterring its chances at making further gains.
In the last 11 days, the cryptocurrency market has seen 10 days of declines.
Hourly MACD - The MACD for BCH/USD is slightly placed in the bullish zone. Looking ahead at order books, BCH bulls need to surpass mega-resistance from now until $640 and after that, it may be easier to move northbound. If they do cross hairs, this means the path towards the least resistance would be the upside but for now, it remains on the downside. Most altcoins have also posted significant price dips today as well. Investors seeking to trade X2 should first buy Ethereum or Bitcoin using an exchange that deals in USA dollars such as Changelly, Gemini or Coinbase.