Bears are again more powerful than bulls, according to CoinMarketCap.
Top coins by CoinMarketCapBTC/USD
The price of Bitcoin (BTC) has gone down by 0.52% over the last 24 hours.
Image by TradingView
On the daily chart, the rate of BTC is falling after a false breakout of the resistance level of $68,364. Until the price is below that mark, there is a chance to see a further correction to $66,000.
Bitcoin is trading at $66,891 at press time.
ETH/USD
Ethereum (ETH) has not followed the path of BTC, going up by 0.70%.
Image by TradingView
From a technical point of view, the rate of ETH looks bullish in the daily time frame. Suppose buyers can hold the gained initiative, and the bar will close around current prices.
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In that case, the accumulated energy might be enough for a resistance breakout, followed by a blast to the $3,600-$3,700 zone.
Ethereum is trading at $3,520 at press time.
XRP/USD
XRP is the biggest gainer today, rising by 0.84%.
Image by TradingView
Despite today's upward move, the rate of XRP is trading sideways, as none of the sides has accumulated enough energy. In this case, ongoing consolidation in the zone of $0.59-$0.62 is the more likely scenario until the end of the week.
XRP is trading at $0.6013 at press time.
