Bitcoin (BTC) price continues to conceal its hand on higher time frames with the stance compelling altcoins to pick a side.
Bitcoin price could reverse current market structure if bulls manage a stable candlestick close above $65,500. Ethereum price’s 26% upside potential under threat as ETH tests $2,900 support. XRP provides another buying opportunity at $0.50 as Ripple price plunges almost 10% in a week. Bitcoin price continues to conceal its hand on higher time frames with the stance compelling altcoins to pick a side.
A stable close above this level on the one-day time frame would activate the breakout, potentially sending ETH 26% north to $4,083. Also Read: Ethereum could see slight increase, institutional whales make hefty deposits on Coinbase. XRP bulls have another buying opportunity Ripple price has tested the 50% Fibonacci placeholder for yet another time. But not all hope is lost as XRP tests the support due to the 50% Fibonacci placeholder at $0.4952.
Ethereum Ripple Cryptocurrencies Technical Analysis
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