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BTC recovers from fresh yearly low, ETH and XRP consolidate at key levels
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are showing early signs of stabilization on Wednesday after a recent correction. BTC rebounds modestly after falling to a fresh yearly low of $57,800, ETH holds above the critical $1,500 support level while XRP stabilizes around the key $1.00 psychological mark. The technical outlook for these top three cryptocurrencies is raising hopes of a short-term recovery after a massive price decline. Bitcoin price is recovering slightly to $59,000 after hitting a new yearly low of $57,800 on Wednesday. BTC is extending its slide well below the key Exponential Moving Averages ... (full story)
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