Bitcoin Downtrend result crash in Alt coin Market

in #cryptocurrency6 years ago (edited)

Hello Dear Steemian
Despite no any negative news we have seen the tremendous sell out in Bitcoin and it leads to the new crash in the Altcoin market so far.

Bitcoin-Crashes-below-the-7000-.jpg

Seeing the Chart the near term Bitcoin Price support is $ 7100, once this breaks then it will be more selling seen, near term resistance is $ 7650.
Once this will break then new buying will be seen

Seeing the Altcoin Market there is still lot of opportunity of buying

XRP: Ripple is standing the level from there it is ready to take high jump as the for the long time we have seen the accumulation of this token hard.

Rdd: This coin has seen the heavy selling out- But it has been seen the support level near 36 satoshi- This coin can be bought for medium to long term and most probably it will double from here.