Bitcoin price starts 'Uptober' down 0.7% amid hope for final $20K push
Bitcoin price action could include a fresh trip to $20,500, but beyond that, the overall trend remains firmly down for traders. Bitcoin (BTC) failed to hold $20,000 into the September monthly close as one trader eyed a final comeback before fresh downside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader's $20,500 upside target remainsData from Cointelegraph Markets Pro and TradingView showed BTC/USD staying lower after finishing the month at around $19,400.Capping 3% losses, the monthly chart failed to rally on Oct. 1, with BTC/USD down another 0.7% in “Uptober” so far,....
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$XRP has bounced back above the $2.90 support, giving bulls fresh momentum heading into Uptober. Traders are eyeing a possible run toward $3.65 and even $4.50 if resistance levels give way, though a dip toward $2.25 remains on the table if bears push back. Market data shows demand heating up, with futures interest climbing to […]
After consolidating for many days, Bitcoin underwent one final push ahead of the weekly candle close just minutes ago. The price of the leading cryptocurrency currently trades for $19,400, far above the weekly lows. This one final push allowed BTC to push to its highest weekly close ever, according to a crypto trader known as […]
The total cryptocurrency market cap hit an all-time high of $4.17T on August 14. Since then, however, it’s been locked in a tight consolidation range between $3.5T and $4T. Recently, it dropped sharply, falling around 9% in just 7 days between September 18 and 25, raising concerns over whether ‘Uptober’ is off the cards. That […]
SEC-battled XRP trades in the red zone despite other top coins enjoying significant gains as the crypto market finally gets some breathing space. October started out rough for top coins despite the month being known as favorable for the market. Most top coins traded in the red zone, while others, including XRP, suffered massive volatility. The Uptober spirit seemed to fall on XRP the day before when it recorded some gains. However, the momentum didn’t last long as XRP is now down 1.44% in the last 24 hours. There is still hope for XRP thanks to bullish news from its ongoing case with the....
The Bitcoin price is once again trading above $20,000, its 2017 all-time high, with bullish momentum on low timeframes. The cryptocurrency has been in a similar situation since losing this level early in 2022, leaving many traders to wonder if the bulls will be able to sustain the current price action. Related Reading: Thorchain Shows A Glimpse Of Hope, Are The Green Days Near? At the time of writing, the Bitcoin price trades at $20,100 with a 4% profit in the last 24 hours and a 5% profit in the last 7 days, respectively. Other cryptocurrencies in the top 10 by market capitalization are....