Bitcoin, ApeCoine & Zilliqa — Asian Wrap 31 August

Bitcoin price could be hinting at more decline as a last minute influx of transactions comes in near the critical $20,000 barrier. Bitcoin price currently auctions at $19,830 as retail traders are jumping into the market to place their bets on the next directional move. 

Apecoin price shows bearish signals to the end of July. A sweep the lows event targeting $4.42 is in the cards. Since August 1, the APE price has lost 37% of its market value. In recent trading hours, the ApeCoin price was rejected at the $5 zone from the 8-day simple moving average.

Zilliqa price shows bearish signals towards the end of August that investors stifled. Since July 13, the ZIL price has rallied 45% into a monthly high at $0.049. A rejection from the psychological $0.05 zone accompanied by a bearish death cross of the 8- and 21-day simple moving averages (SMA) were the catalysts for a shocking penny-from-Eiffel.