Bitcoin (BTC) is hovering around its key support level; a sustained close below this threshold could signal further declines.
Bitcoin price finds support near its 200-day EMA around $60,000; a firm close below would suggest a decline ahead. Ethereum price closes below its critical support at $2,461, eyeing a decline ahead. Ripple price closes below its key support levels, hinting at the continuation of the downtrend. Bitcoin is hovering around its key support level; a sustained close below this threshold could signal further declines.
ETH/USDT daily chart Conversely, if ETH’s daily candlestick breaks above the $2,461 level and closes above its 50-day EMA at $2,569, the rally could continue to retest its August 24 high of $2,820. Ripple is set for a downturn as it closes below its key support levels Ripple price was rejected from the July 31 high of $0.657 and declined more than 18% in the next four days. During this decline, XRP closed below its 200-day EMA at $0.555 and its daily support level at $0.
Ethereum Ripple Cryptocurrencies Technical Analysis
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