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Crypto Trends

PetCoin ethereum XRP correction

    summary:

  • Bitcoin is hovering near the support of $ 100,000; The collapse can lead to a slide to $ 90,000.
  • ETHEREUM price tests the main support at $ 3,136; The closure below can accelerate the pressure pressure.
  • The XRP price is close to supporting the rising trend line; Failure to keep can lead to decline.

Bitcoin Bulls Loss of momentum near $ 100,000

Bitcoin (BTC) has recently reached the highest level of $ 109,588, but the bullish momentum slowed, causing the price to decline towards psychological support of $ 100,000.

If BTC is not able to keep $ 100,000, the next important negative goal becomes $ 90,000, opposite to previous monotheism.

The RSI is on the daily graph 51, above a neutral but goes down – which leads to a decrease in the upscale momentum. Meanwhile, if verified, the Macd index approaches a landing cross, which may indicate additional declines.

BTC key levels:

  • Immediate support: $ 100,000
  • The goal of the main negative side: 90,000 dollars
  • Resistance to collapse for the upward trend: $ 109,500
Bitcoin scheme analysis

Ethereum under pressure because it tests EMA for 200 days

ETHEREUM (ETH) finds $ 3,136 support for a challenge, which corresponds to the 200 -day SIA moving average (EMA). After a decrease of 2.6 % on Sunday, ETH reached a decisive area – if it ends below this threshold, the withdrawal may extend towards the psychological brand of $ 3,000.

The RSI index on the daily chart is 42, less than the 50 neutral level and heading down, indicating a declining momentum.
In addition, the MACD reversed Sunday, which enhances the ability of more losses.

ETH key levels:

  • Immediate support: $ 3,136 (200 days)
  • The goal of the main negative side: $ 3000
  • Resistance to reach the upward trend: $ 3,322
Ethereum chart analysis

If Ethereum holds over EMA for 200 days, he may try to recover about 3322 dollars, with a possible payment to $ 3540 if the bullish momentum strengthens.

Tamulization is close to supporting the trend line, and risks correction

The price of XRP remains about $ 3.40, but it began to drift down towards supporting the upper trend line. The cryptocurrency is currently trading near $ 2.99 and may face an additional decrease if it ends to less than $ 2.72.

The relative power index has decreased from its last peak region (70) to 57, indicating that the upscale momentum weakens. At the same time, MACD turned on Sunday, adding more negative pressure.

XRP key levels:

  • Immediate support: $ 2.72
  • Next negative goal: $ 1.96
  • Upcoming resistance: $ 3.40
XRP graph analysis

If XRP is higher than the upper trend line, it may wear about $ 3.40, but failure to keep it may lead to a decline of about $ 1.96.

Final ideas

Bitcoin, Ethereum and XRP are currently working in basic support levels, and their subsequent movements will depend on how they end in the following sessions. A strong decrease under critical levels may start a wider correction, while maintaining support may lead to a recovery towards previous peaks.

Currently, merchants must see $ 100,000 from Bitcoin, $ 3,136 of ETHEREUM, and XRP 2.72 levels-these are making or breaking points that can determine the next main step in the encryption market.

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