Bitcoin floats around $24,000 resistance before starting a fresh decline below $23,000. Most altcoins face a sharp decline, and ripple faces big pressure and now sells below critical support.
BTC has failed to reach the $24k resistance and declines again. The BTC spike made people think it will go above the $24k resistance, but it didn’t. BTC might fall to the $23.5k level, and further decline might make it test the $21.2k level.
Major Signals
- The $24k hurdle looks tough for BTC, and it falls by $1k
- There was a decline in the price of ETH has it tests the $550 level
- Ripple is facing pressure and currently sells below $0.300
- Over 10% down in other altcoins like DOGE, NEO, and MIOTA
ETH has a fresh decline to the $550 levels before recovering and finding it hard to pass the $600 level.
BCH went down by 10%, LTC fell to the $95 level while XRP faces a 50% decline and now traded close to the $0.200 resistance level.
Do you think the crypto market will recover during the festivities?
