Bitcoin's (BTC) price continues to edge down, trading below $96,000 on Monday after declining the previous week.
Bitcoin price continues to edge lower, trading below $96,000 on Monday. Ethereum price fell below $2,600 after losing nearly 9% the previous week. Ripple faced rejection around the $2.72 daily resistance; further correction on the cards. Bitcoin 's price continues to edge down, trading below $96,000 on Monday after declining the previous week.
38% at Sunday’s close. At the time of writing on Monday, it continues to trade down around $2.34. Suppose XRP continues its pullback and closes below its daily support at $1.96. It could extend the decline to test its weekly support level at $1.40. The RSI on the daily chart reads 35, heading towards its oversold level of 30, indicating a strong bearish momentum. The MACD also continued to show a bearish crossover, suggesting the continuation of a bearish trend.
Ethereum Ripple Cryptocurrencies Technical Analysis
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