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It seems that bears are not going to seize the initiative so easily as most of the coins from the top 10 list have come back to the red zone.
BTC/USD
The rate of Bitcoin (BTC) has gone down by 0.52% over the last day.
Despite the fall, Bitcoin (BTC) is trading in a narrow range, accumulating strength for a further sharp move. Bulls have the chance to come back to the game if the main crypto fixes above the $22,000 mark. In this case, one can expect the test of the mirror level at $22,400.
Bitcoin is trading at $21,566 at press time.
ETH/USD
Ethereum (ETH) is the biggest loser from the list today, going down by 4.46%.
Ethereum (ETH) has made a false breakout of the $1,700 mark, which means that bulls are not ready to keep the rise. Currently, one should pay attention to $1,600. If buyers lose this level as well, there is a chance to see the test of the closest support at $1,524 soon.
Ethereum is trading at $1,613 at press time.
XRP/USD
XRP has also followed the fall of Bitcoin (BTC), declining by 0.80%.
XRP has bounced off the resistance level at $0.3593 against the high volume. If the drop continues below the $0.34 mark, the altcoin may test the $0.33 area even until the end of the week.
XRP is trading at $0.3431 at press time.
Godfrey Benjamin
Tomiwabold Olajide
Dan Burgin
Alex Dovbnya
Vladislav Sopov