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BTC/USD: Bitcoin prices continued to fall for the third consecutive day, consolidating around the $8,000 level as investors have turned risk-averse after BTC/USD touched a 2-month high last week, despite a sense of optimism that prevailed around the cryptocurrency market in the past week. At the time of writing, BTC/USD traded 1.46 percent down at $8,060.00. Meanwhile, the near-term resistance is seen at $8,300 and support at $7,790.
ETH/USD: Ethereum prices also remained on the back foot, hitting a 2-week low during European session Tuesday after crypto bulls remained shaky in a topsy-turvy movement since past few months. At the time of writing, ETH/USD traded nearly 4 percent down at $438.66. Meanwhile, the near-term resistance is seen at $448 and support at $417.
XRP/USD: Cryptocurrency bears are back in the market again, with total market capitalization falling further after a sell-off sparked once again, following the SEC’s rejection of the Winklevoss ETF. The Ripple, was not spared either after a week of steady performance. At the time of writing, XRP/USD traded 2.35 percent down at $0.43548. Meanwhile, the near-term resistance is seen at $0.4705 and support at $0.4300.
BCH/USD: Bitcoin Cash, too witnessed the stains of losses, slumping beyond 3 percent, as cues from Winklevoss ETF rejection by the SEC continued to dominate market sentiments. At the time of writing, BCH/USD traded 3.21 percent down at $788.6. Meanwhile, the near-term resistance is seen at $448 and support at $417.
EOS/USD: EOS also tested a 2-week low on Tuesday, tracking pessimism in global cryptocurrency markets and a panic sell-off across major crypto pairs. According to latest media reports, the EOS has off late witnessed a bumper rise in transaction volume, reportedly caused due to a spam attack from a smart contract called Blocktwitter. At the time of writing, EOS/USD plunged 6 percent to $7.3130. Meanwhile, the near-term resistance is seen at $820 and support at $780.
