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Bears are keeping the pressure on at the beginning of the week, according to CoinMarketCap.
BTC/USD
The rate of Bitcoin (BTC) has risen by 0.37% over the last 24 hours.
Despite today's growth, the price of the main crypto is looking bearish on the daily chart. It made a false breakout of the resistance level of $104,630. If the decline continues, one can expect a test of the vital $100,000 area soon.
Bitcoin is trading at $103,333 at press time.
ETH/USD
The price of Ethereum (ETH) has gone up by 0.24% since yesterday.
On the daily time frame, the rate of the main altcoin has once again bounced off the important zone of $4,000. If the bar closes far from that mark, the correction may lead to the test of the $3,800 range by the end of the week.
Ethereum is trading at $3,896 at press time.
XRP/USD
Unlike other coins, the rate of XRP has declined by 2.11%.
From the technical point of view, the price of XRP is coming back to the support level of $2.1743. If buyers cannot seize the initiative soon, traders may witness a test of the $2.20 area.
XRP is trading at $2.360 at press time.
Tomiwabold Olajide
Arman Shirinyan
Dan Burgin
Alex Dovbnya
Vladislav Sopov