ETH/BTC Crumbles, Dash Continues Downtrend

in #eth • 7 years ago

The panic flight to bitcoin continues and market players are dumping everything to buy up some coins. Dash continued the downtrend started last week and ETH/BTC crumbled after a key support level was broken.
ETH/BTC Crumbles as Support Breaks

The key support level at 0.06626 BTC fell on Monday and led to a quick drop to 0.05845. In percentage terms, this was a loss of close to 12% in less than 20 hours. In the next few days prices recovered somewhat but today the decline resumed and we hit new lows at 0.05814 BTC. We are currently trading just slightly off the lows at 0.05834 per BTC.

Read more: https://blog.fxopen.com/ethbtc-crumbles-dash-continues-downtrend/

7 years ago in #eth by
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