Bitcoin (BTC) is finding support around the key level, and a close below this level could signal a decline.
Bitcoin finds support around the 200-day EMA at $60,000; a firm close below would suggest a decline ahead. Ethereum price is nearing its crucial resistance barrier at $2,461; rejection from this level suggests a decline ahead. Ripple price consolidates between $0.506 and $0.544 key levels, suggesting a phase of uncertainty among traders. Bitcoin is finding support around the key level, and a close below this level could signal a decline.
553, and its daily support level of $0.544 on October 2. After the breakdown, XRP has been consolidated between $0.506 and $0.544 over a week. As of Friday, it trades at around $0.535, approaching its upper consolidation level at $0.544. If XRP breaks and closes below the $0.506 level, it could extend the decline by 15% to retest the August 5 low of $0.431.
Ethereum Ripple Cryptocurrencies Technical Analysis
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