It seems that the bears are not going to catch the initiative so easily as most of the coins on the top 10 list are back in the red zone.
BTC/USD
The bitcoin (BTC) rate has dropped by 0.52% in the past day.
Despite the decline, Bitcoin (BTC) is trading in a narrow range, and is gathering strength for another bullish move. If the main crypto recovers above the $22,000 mark, the bulls have a chance to get back into the game. In this case, one can expect a test of the mirror level at $22,400.
Bitcoin is trading at $21,566 at press time.
ETH/USD
Ethereum (ETH) is the biggest loser on the list today, down 4.46%.
Ethereum (ETH) has made a false breakout of the $1,700 mark, which means that the bulls are not ready to sustain the rise. Currently, one should look at $1,600. If buyers lose even this level, there will be a chance to see a test of the nearest support at $1,524 soon.
Ethereum is trading at $1,613 at press time.
XRP/USD
XRP has also followed the decline of Bitcoin (BTC), with a drop of 0.80%.
XRP reversed the resistance at $0.3593 against higher volumes. If the decline continues below the $0.34 mark, the altcoin could still test the $0.33 area by the end of the week.
At press time, XRP is trading at $0.3431.