BTC, ETH and XRP Price Analysis for May 16

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BTC, ETH and XRP Price Analysis for May 16
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Has the time arrived for a market bounceback? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum

Bitcoin could not keep the rise after yesterday's bullish candle, going down by 1% over the last 24 hours.Despite today's drop, Bitcoin has also made a false breakout of yesterday's low of $29,440. If buyers can hold the rate above this mark by the end of the day, there is a chance to see a rise to the area aroundETH/USD chart by TradingView

Ethereum is trading similarly to Bitcoin as bears have turned out to be more powerful than bulls. In addition, the selling trading volume has increased. In this regard, one can expect a further drop below the important $2,000 kevel soon.Despite the fall, XRP remains trading above the vital $0.40 mark, which means that bulls are not ready to give up so easy. However, if bears' pressure continues, traders may see a sharp price drop to the zone around $0.35-$0.37 shortly.

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