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Saturday, December 5, 2020

Top Cryptos Losing Value: DGB 18%, XRP 5%, BCH 3%

In today’s top market performers, our list features a list of losers which have been quite silent amid market turbulence in the past 24 hours. This group of coins have emerged separately on our recent lists but appeared to have taken a halt from the ongoing bull season drama.

As Ripple earns the ultimate attention on the manifest with around 5% loss, coins like DigiByte and BCH also occur to have less surprises to show at the moment.

#1. DigiByte (DGB 18% Loss):

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DigiByte made a spot on today’s market watch list, the top cryptocurrency made a considerable 18% loss within the last day.

DigiByte’s market excitement is extremely bullish. 90% of voters responded positively to a bullish probability. In the short-term, nonetheless, it seems the price of DGB may have to surge higher.

DGB has been getting a kick out of a bull ride since last year. The coin is up by 176.4% since last year but lost 20.5% in the last one month. 7-day losses record 7% as the coin gains around 0.2% in the last hour.

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DGB is now changing hands at $0.0238 amid a 24-hour market cap of $324 million.

Technical Points:

  • RSI fibs around 40.0 bearish level
  • Next key resistance at $0.0250
  • Next major support level at $0.020

#2. Ripple’s XRP (XRP 5% Loss):

Ripple’s XRP appears to have made considerable negative difference since the last 24 hours with roughly 5% downtrend.

XRP’s large community stay uncertain about the top cryptocurrency with virtually 50% bearish votes for the continuous trading day.

XRP’s chart peeks bearish in the one-year timeframe with around 5% gain. Although the coin is up through 11% in the 60-day timeframe, no profits have been accrued in any other timeframe.

XRP is currently changing hands at $0.222 and its market cap continues to shrink towards $10 billion.

Technical Points

  • Ripple drops below resistance at $0.23
  • The next key support at $0.20 seems strong to hold further downtrend
  • Next key resistance remains at $0.250

#3. Bitcoin Cash (BCH 3% Loss):

Bitcoin Cash comes third on today’s list of losers with 3% loss

The top cryptocurrency has an overly bullish market sentiment with around 65% of market respondents staying negative about BCH.

Within the last year, the coin is down 28.1% while the one month timeframe also looks bearish at 27.9%. Within the last two weeks, Bitcoin cash lost around 6% and has lost 0.7% in the last hour.

BCH is currently changing hands at $210 with further downside possible in the short term.

Technical Points

  • Next Key resistance level at $213
  • Next Key Support level at $0.185
  • RSI fibs at 80.0 oversold condition

The post Top Cryptos Losing Value: DGB 18%, XRP 5%, BCH 3% appeared first on Cryptocurrency information | Cryptocurrency News | Bitcoin News and Crypto Guide.

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