By early February, Bitcoin plunged about 68 percent from its lifetime highs in mid-December. This fall affected Bitcoin’s popularity, as measured by the number of people which searching for it on Google. In the first half of March, Google Trends which shows that Bitcoin searches have fallen to their lowest levels since October of last year.
The bears were unable to take the advantage of the breakdown below $9,500 levels on Bitcoin on March 10. Prices are quickly recovered on the next day, March 11, which shows strong buying support at lower levels.
$654.02 has proven to be strong support on Ethereum and for the past three days, prices are trading inside a tight range of $745 to $654.
Bitcoin Cash has been held the $1,000 levels for the past three days. Yesterday, March 11, the prices broke out of the $1,150 overhead resistance, but the bulls have failed to build on this move.
Our buy call on Ripple did not trigger because it has held above the $0.73 levels for the past three days.