BTC, ETH and XRP Price Analysis for January 22

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BTC, ETH and XRP Price Analysis for January 22
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Have BTC, ETH and XRP touched their bottom yet? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie

If sellers keep the drop, there are chances to expect short-term growth from the support level; however, the trend remains bearish.Ethereum is the biggest loser today with a fall of almost 12% over the last 24 hours.Ethereum has confirmed the support level at $2,410, having successfully bounced back from it. At the moment, one needs to pay close attention to where the daily candle closes.

If bulls can hold the crucial level at $2,500, there is a possibility to see the correction to the mirror level at $2,900 next week.From the technical point of view, XRP is trading similarly to Bitcoin as it is also located between the resistance of $0.6959 and the support of $0.50. The selling trading volume has increased, which means that traders may have begun fixing their short positions.

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