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​Crypto reaches its lowest level in 6 months

2019-09-27 10:33 am | Resource: Crypto Section | No Views : 75

​Crypto reaches its lowest level in 6 months This week, Crypto suffered a significant drop, leading to the lowest price in 6 months, especially last Tuesday, September 24.
Almost all of the top ten digital currency by market capitalization reached their lowest level in 6 months, after Bitcoin (BTC) prices pushed the rest of the markets into the red on Tuesday.
Many Crypto dropped to their lowest point in more than 6 months shortly after the main bitcoins were forced out of the market in quick succession, and let's take a look at these currencies and see how they reached their price on Friday.

Look at Crypto low by a large

Litecoin (LTC), which ranks 6th in the digital currency ranking, based on global market capitalization, reached on Friday, September 27, the price of $ 55.31, down 3.48%, over the past 24 hours, while the market value reached $ 3,503 billion.
Stellar (XLM), which ranked 10th in the digital currency ranking, based on global market capitalization, reached on Friday, September 27, the price of $ 0.0586, a decrease of 2.21%, over the past 24 hours, while the market value reached $ 1.178 billion.
EOS, which ranks 7th in the digital currency ranking, based on market capitalization globally, reached on Friday, September 27, the price of $ 2.79, down 3.58%, over the past 24 hours, while the market value reached $ 2,600 billion .
Binance Coin (BNB), which ranked 8th in the digital currency ranking, based on global market capitalization, reached on Friday, September 27, the price of $ 15.33, a decrease of 5.46%, over the past 24 hours, while the market value To $ 2,384 billion.

The Ripple continues to collapse dangerously

Ripple (XRP), ranked first in the week, after hitting a low of 658 days, was at $ 0.22 on September 24, making it the biggest loser, and one-day losses among the top 10 days by market value.
Ripple (XRP) came in third place in terms of global market capitalization, and reached during the trading on Friday, September 27, to the price of 0.240 dollars, a decrease of 2.89% over the past 24 hours, and the market value reached 10379 billion dollars.

Ripple and the large margin

Ripple and the large margin
XRP advanced by a large margin after reaching its lowest point in about two years, while Bitcoin Cash (BCH), Bitcoin SV (BSV), and Ethereum (ETH) suffered the lowest after hitting a 4-month low.
However, the event marks a period in which the underlying trend of all Crypto was contested after the majority passed below the 200-day moving average, an indicator of long-term market health, in July this year.
In addition, a total of $ 16 billion has been excluded from the alternative Crypto market since September 24, measured by its total market value excluding Bitcoin.
The onus is now for bulls to start appearing in larger numbers to push the values ​​higher, lest the downward pressure force another big sell-off with an expected target of around $ 6,200 in bitcoin measured from the collapse of the last descending triangle.

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