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Cryptocurrency market update: Ripple, NEO and Monero dump as altcoins' short-lived boom takes a breather

The cryptocurrency market is back to the recent default settings; painted red everywhere. This comes after corrected higher three days in arrow. Ethereum, the largest altcoin in the market tested $215 resistance.

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Monero price analysis: XMR/USD reverses Wednesday’s gains, goes below $74.0

Monero (XMR) is one of the biggest losers among top-20 coins. XMR/USD has lost nearly 10% since the beginning of Thursday to trade at $73.64 by press time.

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Ripple market overview: XRP/USD goodbye $0.32, hello $0.28

Ripple is making a comeback into the rags just as quickly as it ascended to the riches. The gains accrued from earlier in the week majestically cleared multiple resistance levels starting with the simple moving averages.

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TRON market update: TRX/USD collapses below $0.0170, loses over 4% in a matter of hours

TRON (TRX) has partially reversed Wednesday’s gains amid global correction on the cryptocurrency markets. TRX/USD has lost over 4.5% of its value to trade at $0.0166 by press time.

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Bitcoin Weekly Forecast: Rangebound trading and September blues come upon the crypto market

Bitcoin finishes the week with marginal losses. The first digital currency recovered from the recent low of $9,886 but stayed in the red zone as of the end of the week.

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