It is too early to think about a market reversal, according to CoinStats.
Top coins by CoinStatsBTC/USD
The price of Bitcoin (BTC) has dropped by 1.55% since yesterday.
Image by TradingView
On the daily chart, the rate of BTC is coming back to the support level of $65,129. If sellers' pressure continues, the decline may lead to the test of the $64,000 range shortly.
Bitcoin is trading at $65,280 at press time.
ETH/USD
Ethereum (ETH) has followed the decline of BTC, going down by 1.41%.
Image by TradingView
The rate of ETH has failed to keep yesterday's bullish closure, which means that sellers are again more powerful than buyers. If the daily bar closes near the support of $3,432, there is a possibility to see an ongoing correction to $3,300.
Ethereum is trading at $3,509 at press time.
XRP/USD
XRP is the exception to the rule, rising by 5.81%.
Image by TradingView
Traders should pay attention to the closure in terms of the nearest resistance of $0.5301. If the daily candle closes with no long wick, there might not be enough strength for a breakout, followed by a move to $0.54.
XRP is trading at $0.5189 at press time.