Bitcoin (BTC) and Ethereum (ETH) retested their major support levels on Monday; a break below these levels could signal a bearish trend ahead, while Ripple (XRP) closed below its key support level, indicating a likely bearish outlook in the coming days.
Bitcoin retests its daily support level around $52,226; a close below this support could lead to further price declines. Ethereum is retesting its weekly support at $2,118; closing below it may lead to further price declines. Ripple closes below $0.544 support, signaling a shift from a bullish to a bearish market structure.
As of Monday, it continues to decline by 9% and trades at $0.477. If the former daily support at $0.544 acts as resistance, XRP could continue to decline 17% to retest its weekly support at $0.413. The Relative Strength Index on the daily chart has briefly fallen below the neutral 50 level, and the Awesome Oscillator is approaching a similar decline; sustained weakening in these momentum indicators could signal strong bearish pressure and further declines in Ripple's price.
Ethereum Bitcoin Cryptocurrencies Technical Analysis
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin falls below $55,000 levelBitcoin (BTC) dropped below $56,552 on Sunday, disrupting market structure and signaling a bearish outlook.
Baca lebih lajut »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin finds rejection around the $70,000 levelBitcoin (BTC) price struggles to break through the $70,000 threshold, while Ethereum (ETH) and Ripple (XRP) are maintaining stability at their daily support levels, suggesting a potential rally could be on the horizon.
Baca lebih lajut »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin retests its key support level around $62,000Bitcoin (BTC) and Ethereum (ETH) are currently retesting key support levels around $62,700 and $3,000, respectively, suggesting a potential for recovery, while Ripple is finding resistance at $0.640, and a breakout above this level could signal a bullish move in the near future.
Baca lebih lajut »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin finds support around the $67,000 levelBitcoin (BTC) and Ripple (XRP) prices are holding steady around their respective weekly and daily support levels, hinting at an imminent rally.
Baca lebih lajut »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin bounces off from the ascending trendlineBitcoin (BTC) and Ethereum (ETH) have retested their key support levels, with a break below these levels potentially signaling a bearish trend ahead.
Baca lebih lajut »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin faces resistance around the $65,000 markBitcoin (BTC) and Ethereum (ETH) prices encountered rejections upon reaching resistance levels near $65,000 and $3,530, respectively.
Baca lebih lajut »