Crypto 🧐 Movement Analysis: December 18☕😊
Today, Bitcoin ($BTC ) experienced significant weakening. BTC’s price dropped to its lowest level at $103,139 before stabilizing around $105,000 at the time of writing. The highest price today was recorded at $106,499, but indicators show a strong downward trend, suggesting that Bitcoin is likely to continue its decline tomorrow.
$XRP $ also saw a decline and failed to break yesterday's, December 17, lowest price. Today, XRP traded in the range of $2.5420, with a high of $2.5901 and a low of $2.4715. The downward trend that has lasted for 9 consecutive days, including a drop to $1.9176, continues. Indicators show that selling pressure on XRP remains strong.
Meanwhile, Ethereum ($ETH ) traded today around $3,871, with a high of $3,903 and a low of $3,804. This decline continues the negative trend observed since December 17. Indicators suggest that Ethereum may extend its weakening in the near term.
Overall, most of the crypto market is currently under selling pressure, including Bitcoin, XRP, and Ethereum. This downward trend is likely to continue unless positive sentiment emerges to shift the market's direction.🥵