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BTC, ETH and XRP Price Analysis for November 27

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Mon, 27/11/2023 - 18:00
BTC, ETH and XRP Price Analysis for November 27
Cover image via www.tradingview.com

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Bears are not going to give up, according to CoinStats.

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Top coins by CoinStats

BTC/USD

The rate of Bitcoin (BTC) has declined by 1.19% since yesterday.

Image by TradingView

The price of BTC has continued yesterday's drop. Despite today's decline, there are no reversal signals yet. In this case, if the bar closes below the $37,000 zone, the correction may continue to the $36,000 mark soon.

Bitcoin is trading at $36,996 at press time.

ETH/USD

Ethereum (ETH) is not an exception to the rule, falling by 2.1%.

Image by TradingView

From a technical point of view, Ethereum (ETH) is trading similarly to BTC. If bulls lose the important zone of $2,000, traders may expect a test of the $1,900-$1,950 area this week.

Ethereum is trading at $2,028 at press time.

XRP/USD

XRP is the biggest loser today, declining by almost 4%.

Image by TradingView

At the moment, one should focus on the zone of $0.60. If its breakout happens, there are all the chances to expect an ongoing decrease to the support of $0.5491 shortly.

XRP is trading at $0.6022 at press time.

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