{"id":14517,"date":"2021-12-02T10:11:25","date_gmt":"2021-12-02T09:11:25","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=14517"},"modified":"2021-12-02T10:11:39","modified_gmt":"2021-12-02T09:11:39","slug":"cryptocurrency-market-on-dec-2-2021","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/cryptocurrency-market-on-dec-2-2021\/","title":{"rendered":"Cryptocurrency market price on December 2nd, 2021"},"content":{"rendered":"\n
Cryptocurrency today: Bitcoin's price did not grow any higher after reaching USD 59,000, and it dipped below USD 56,000. In addition, ETH is currently down 5% and has broken through the $ 4,550 support level. ADA is now trading at a price of less than $1.55.<\/h5>\n\n\n\n
\"Cryptocurrency
Cryptocurrency market price December 2nd, 2021<\/figcaption><\/figure>\n\n\n\n

Bitcoin Price on December 2, 2021 in the Cryptocurrency Market <\/h2>\n\n\n\n

Bitcoin's price continued to fall after falling<\/a> below $ 57,500. BTC dropped below the $ 56,500 and $ 55,500 support levels. Currently, the price is rising and trading above $ 56,400. If the price continues to fall, it might reach USD 53,500. Near the $ 52,000 mark, the next major support is found.<\/p>\n\n\n\n

On the downside, the price is coming up against resistance near $ 56,500. The first big barrier is near $ 57,200, and a retest of $ 58,000 is likely if it is broken.<\/p>\n\n\n\n

Ethereum Price on December 2, 2021 in the Cryptocurrency Market<\/h2>\n\n\n\n

The Ethereum price fell after failing to break through the USD 4,800 resistance level. ETH is down 5% and has broken through the USD 4,550 support level. Further losses might push the price down to the USD 4,350 support level.<\/p>\n\n\n\n

If the price increases again, it may test the $ 4,550 mark. Near the $ 4,620 level, the first substantial barrier is formed.<\/p>\n\n\n\n

Prices for ADA, BNB, SOL, SHIB, and XRP on December 2, 2021 on the cryptocurrency market<\/h2>\n\n\n\n

Cardano (ADA) is trading down after breaking through the $ 1.60 barrier mark. It briefly fell below $ 1.52 before resuming its upward trend. A move towards $ 1.45 could be triggered if the price breaks below $ 1.50.<\/p>\n\n\n\n

Binance Coin (BNB) has cut its losses and is now trading at $615. If the price falls below $ 600, it may fall into the $ 580 support level.<\/p>\n\n\n\n

Solana (SOL) is still trading above $ 220 and is up more than 4%. The immediate resistance level is $ 225, and a surge to $ 240 is probable if it is broken. Any additional gains might drive the price up to $250.<\/p>\n\n\n\n

SHIB has dropped below $ 0.000042 and is currently down over 7% in a single day. It even went as low as $ 0.000040. A drop towards the $ 0.000035 support level is possible if the price breaks below the $ 0.000040 level.<\/p>\n\n\n\n

The price of XRP is decreasing and is currently trading below the $1.00 mark. The price could hit $ 0.92 if it breaks through immediate support near the $ 0.950 mark. The $ 1.00 level, on the other hand, represents a huge roadblock for bulls.<\/p>\n\n\n\n

Market for Cryptocurrencies on December 2, 2021: Another Altcoin<\/h2>\n\n\n\n

STX, ZEN, SHIB, QTUM, BAT, RUNE, CRV, SAND, AAVE, CAKE, WAXP, and LRC are among the cryptocurrencies that have dropped\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> more than 6%. The STX is down 12% and is currently trading below $ 2.70. <\/p>\n\n\n\n

Meanwhile, MATIC crossed the $ 2.10 barrier after gaining over 12%, while LUNA gained about 12% and is on the verge of breaking the $ 65 barrier.<\/p>\n\n\n\n

Overall, Bitcoin price is attempting to recoup its losses, but if bulls fail to hold $ 55,500, a drop below the $ 52,000 support level is probable.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cryptocurrency today: Bitcoin’s price did not grow any higher after reaching USD 59,000, and it dipped below USD 56,000. In addition, ETH is currently down 5% and has broken through the $ 4,550 support level. ADA is now trading at a price of less than $1.55. Bitcoin Price on December 2, 2021 in the Cryptocurrency […]<\/p>\n","protected":false},"author":29,"featured_media":13556,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25,71],"tags":[5571,5561,5392,5562,5570],"class_list":["post-14517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","category-markets","tag-ada-2","tag-btc-2","tag-cryptocurrency-2","tag-eth-2","tag-market-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/top-cryptocurrencies.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=14517"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14517\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/13556"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=14517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=14517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=14517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}