🚨🚀Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin dips below $60,000💯🚨

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Bitcoin price approaches the $58,700 level; a close below could continue its downward move.

Ethereum price breaks below the ascending trendline, signaling a bearish trend ahead.

Ripple price retests its 200-day EMA at $0.551; a slip below would suggest a bearish move on the horizon.

Bitcoin (BTC) and Ripple (XRP) prices approach their key support level; closing below may signal a continuation of its downward trend. Ethereum (ETH) price has breached its ascending trendline, indicating a potential bearish shift.

Bitcoin price is poised for a downleg following a close below the $58,700 level

Bitcoin price was rejected around the daily resistance level at $65,379 on Sunday, declining by 7.5% in the next two days. On Wednesday, it continues to trade down slightly by 0.1% at $59,368.

If BTC continues to decline and closes below the $58,783 level, it could decline further by 4.5% to retest its daily support at $56,002.

The Relative Strength Index (RSI) on the daily chart has slipped below its neutral level of 50, and the Awesome Oscillator (AO) is on its way to close below its neutral level of zero. If both indicators must trade below their neutral levels, it suggests a weak momentum and an impending bearish trend.However, if Bitcoin's price finds support around $58,783 and closes above it, the bearish thesis will be invalidated, and BTC could rally 11% to revisit its daily resistance level at $65,379. #TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #PowellAtJacksonHole