Demand

The sellers are at the bottom of the chart as Ripple fluctuates at $0.22 and $0.23. Ripple may commence consolidation if the price at $0.23 holds

Ripple (XRP) reached a low of $0.24 as the price made a retest. The coin may likely fall to the previous low of September.

The bulls and bears tussle above the support at $173. Ethereum will fall to a low at $160 if the selling pressure continues

Three days ago, the price at $8,400 was breached, this led Bitcoin to fall.  Further depreciation awaits Bitcoin if the price falls below $7,900.

Litecoin falls and trades above the critical support at $55.  The market will fall to the low of either $47 or $50 if the bears continue to push.

Recently, the bears broke the dominance of the bulls as the price dropped to a low at $180.In October and up till November 13, the bulls had consistently tested the resistance zone to break it but were unsuccessful. At a time, we were thinking that Ethereum is nearing a breakout point but the coin extended its period of consolidation.

Ripple (XRP) has been under strong contention as bears attempt to sink the price below $0.27. In the first instance, the bears took the price to a low at $0.27 while price corrected upward but was resisted. The market fell back to the same support and commenced a sideways move.

An unidentified message was sent to the Russian Railways intimidating with thrilling violence of bombing stations if a named amount of cryptocurrency in bitcoin worth $642,815 (50 BTC or approx. 30 million rubles) aren’t transferred to them as soon as possible. The event has tempted the country’s police to start the investigation into the matter.

Recently the 18 millionth bitcoin was mined accounting for about 85.714% of the total available Bitcoins. The cryptocurrency is nearer to its pre-programmed mining cap of 21 million coins. Here we will review what these figures mean for Bitcoin miners and Bitcoin price in General.