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XRP$XRP
The price of Bitcoin is witnessing a decline - currently at $2.42 ( -3.5% ), likely influenced by the ongoing uncertainty in the Ripple vs. U.S. Securities and Exchange Commission case. At the same time, the price of Bitcoin is approaching the critical level of $105,000, putting pressure on the wider market.
📊 The Relative Strength Index shows a level of 56.91 ( below the signal line ) early signs of bearish divergence after peaking above 70.
▪ Support: $2.35 - A break could open the door to $2.20 or even $2.00
▪ Resistance: $2.51 - $2.60 - A breakout could lead to a move towards $2.80
📈 The trading volume over the past 24 hours increased by +19.5% to reach $5.75 billion - traders are active, but the momentum is shaky.
⚠️ A sharp rejection from $105,000 Bitcoin may lead to a decline in the value of alternative currencies. Stay vigilant.
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