Bitcoin (BTC) is approaching the resistance level of around $70,000.
Bitcoin price is approaching the $70,000 resistance, and a firm close above this mark could trigger a rally to retest its ATH. Ethereum price is nearing its descending trendline, and a break and close above it signal a rally ahead. Ripple price consolidates around its 200-day EMA at $0.552; a close above suggests a possible recovery. Bitcoin is approaching the resistance level of around $70,000. A firm close above this mark could trigger a rally to retest its all-time high.
Ripple price could rally if it closes above its 200-day EMA Ripple price has been consolidating around its 200-day EMA at $0.552 for the last week. As of Monday, it trades at around $0.547, nearing its 200-day EMA at $0.552. If XRP breaks and closes above the 200-day EMA at $0.552, it could rally over 13% to retest its next daily resistance at $0.626. The RSI on the daily chart trades at 48, nearing its neutral level of 50, suggesting indecisiveness among traders.
Ethereum Ripple Cryptocurrencies Technical Analysis
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