Altcoins are going through a rough patch as Bitcoin (BTC) price continues to conceal directional bias in the higher time frames.
Bitcoin price could rally 20% if bulls make a stable move above $64,300. Ethereum price is close to bottoming out with a 26% upside potential under wraps for ETH holders. XRP would be good for entry, safe rather once Ripple price reclaims 0.6700 as support floor. Altcoins are going through a rough patch as Bitcoin price continues to conceal directional bias in the higher time frames.
ETH/USDT 1-day chart Conversely, if Ethereum price slips below $2,900 and closes below it on the one-day time frame, it would invalidate the bullish thesis. This could trigger more selling, sending ETH to the $2,800 before a possible recovery. Also Read: Ethereum may be gathering momentum for potential rally, Vitalik Buterin introduces EIP-7702 Ripple price must ascend beyond $0.
Ethereum Ripple Cryptocurrencies Technical Analysis
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