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<a href="https://xpertsstudio.com/bitcoin-critical-level-could-decide-september/” title=”Bitcoin Critical Level Could Decide September”>Bitcoin and Gold Outlook: BTC and XAU tick down as Middle East tensions grow
Bitcoin (BTC) is correcting lower for the second consecutive day, trading near $78,000 on Tuesday. The largest cryptocurrency by market capitalization also holds above major moving averages, reinforcing a broader bullish outlook despite the pullback from last week’s peak near $82,300.
XRP ticks up as bullish derivatives, EMA support signal breakout
Ripple (XRP) is grinding upward and getting closer to a short-term breakout above $1.40 on Tuesday. This uptick follows the remittance token’s defense of support at $1.38, after a short-lived attempt to breach selling pressure at $1.50 last week.
ZEC shorts face mounting losses as Zcash adds 120% in 30 days
Zcash’s (ZEC) triple-digit rally has put pressure on short sellers, who now watch their positions sink deeper into the red.
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Source: www.fxstreet.com
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