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Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP stay weak as bearish momentum persists

From fxstreet.com

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure, extending losses of over 5%, 6% and 4%, respectively, so far this week. BTC trades below $67,000 while ETH and XRP correct after facing rejection around key levels. With bearish momentum persisting and prices staying weak, the top three cryptocurrencies continue to show no clear signs of a sustained recovery. Bitcoin could extend its decline if it closes below $65,500: Bitcoin price was rejected near the daily resistance level at $73,072 on Sunday and posted four consecutive red candlesticks, declining 5.5% through Thursday. At the time of writing ... (full story)

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  • Category: Technical Analysis