Cryptocurrency prices continue to struggle

Jan 20, 2022 By: BI India Bureau

Cryptocurrency prices are no longer in a nose-dive

But they’re not exactly poised for a bounceback either Credit: Canva

Cardano, which had managed to hit ₹120 this past week…

Is back at ₹99, having fallen by over 8 percent in the last 24 hours Credit: Canva

Bitcoin continues to trade flat at ₹31 lakh

While Ethereum’s taken a hit of 1.39 percent, trading at ₹2.3 lakh Credit: Canva

Bitcoin’s relative strength index (RSI) remains negative

This indicates that bears have the upper hand Credit: Canva

Binance Coin is trading flat as well at ₹34,879

As is Polkadot at ₹1,815 Credit: Canva

Similarly, Dogecoin has barely moved a percent since yesterday at ₹12.18

And, it’s contemporary Shiba Inu is stagnated at ₹0.00206 Credit: Canva

Solana is down 1.5 percent trading at ₹10,142

While, Avalanche is down by 1.9 percent trading at ₹6,210 Credit: Canva

The only token that seems to be marginally in the green is LUNA

Terra’s cryptocurrency has risen by over 3 percent in the last 24 hours Credit: Canva

Disclaimer

These are top cryptocurrencies by volume according to Coinbase | Crypto prices in rupees updated as of January 20, 9:00 am IST and may change over the course of the day. Credit: Canva