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Bitcoin and Ethereum Near Crucial Juncture, Altcoins in Red
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Bitcoin price struggled to clear the USD 48,500 resistance level and started another decline. BTC traded below USD 47,000 and it seems like there is a risk of more losses. It is currently (11:56 UTC) trading below USD 46,500 and it could even decline below USD 45,500.
Similarly, most major altcoins are trading below important hurdles. ETH could continue to move down towards the USD 3,650 level. XRP trimmed gains and settled below USD 0.865. ADA is approaching the USD 1.20 support zone.
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