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Crypto update – Ethereum and Bitcoin Approach Crucial Juncture

The price of Bitcoin finds it hard to clear the $23,000 resistance level and crashes below $21,200. Currently, it is showing Crypto update bearish signs of approximately $20,400, down 32% in a week and 8% in a day. Likewise, most leading altcoins are also going down. ETH is trading down the primary $1,150 pivot level. ADA also fell 7% and traded approx $0.48.

Bitcoin price 

After a positive correction, the cost of bitcoin struggled to go beyond the $23,000 and $23,200 resistance levels. According to the latest crypto update, a high was built approx $23,000, plus the cost began a new crash below the $21,200 level. 

On the drawback, the starting support is approximately the $20,250 level. The upcoming ample support is roughly $20,000 zone, under which the cost could go down heavily. 

On the positive side, the initial significant resistance is approximately the $21,200 level.

Crypto update – Ethereum price 

Ethereum cost also found it hard to clear the resistance of $1,250. This cryptocurrency has begun a fresh decline under the $1200 and $1150 levels. Presently, it’s trading at approximately the $1,070 level, with quick support at $1,040.

ETH went down nearly 40% in a week and 12% in a day. Another considerable support is approx $1000, under which the bears might focus on another drop.

XRP, DOGE, SOL, BNB, and ADA Price

ADA (Cardano) began a fresh fall below the $0.50 support. Even the cost traded below the $0.48 level prior to recovering. 

BNB settled under the $220 pivot level. As per the crypto update, it could keep moving down below the $212 level. But, the bulls might attempt to secure the $200 support zone. 

SOL (Solana) trimmed profits and went down over 11%. Its cost is now getting the $30 level. 

DOGE is going towards the $0.0550 support level. Another huge support is approximately the $0.0535 level, under which there is a possibility of moving towards the $0.0520 support zone.

XRP cost is constant above the $0.312 resistance, and the cost is experiencing resistance approx the $0.335 zone. The drawback, the bulls might stay active at approximately $0.300 and $0.305.


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