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 - NEWSBTC
XRP Price Dips Below $3 – Could This Trigger a Bigger Bearish Wave? XRP price started a fresh decline below the $3.00 zone. The price is now showing bearish signs and might decline further below the $2.880 zone. XRP price is moving lower below the $3.00 support zone. The price is now trading below $2.950 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it dips below $2.880. XRP Price Dips Below Support XRP price failed to extend gains above $3.20 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $3.050 and $3.020 support levels. The bears even pushed the price below $3.00. A low was formed near the $2.880 support, and the price is now consolidating losses well below the 23.6% Fib retracement level of the recent decline from the $3.138 swing high to the $2.880 low. The price is now trading below $3.00 and the 100-hourly Simple Moving Average. Besides, there is a bearish trend line forming with resistance at $2.980 on the hourly chart of the XRP/USD pair. If the bulls protect the $2.880 support, the price could attempt another increase. On the upside, the price might face resistance near the $2.950 level. The first major resistance is near the $3.00 level and the trend line. A clear move above the $3.00 resistance might send the price toward the $3.080 resistance or the 76.4% Fib retracement level of the recent decline from the $3.138 swing high to the $2.880 low. Any more gains might send the price toward the $3.120 resistance. The next major hurdle for the bulls might be near $3.150. More Downside? If XRP fails to clear the $3.00 resistance zone, it could continue to move down. Initial support on the downside is near the $2.880 level. The next major support is near the $2.80 level. If there is a downside break and a close below the $2.80 level, the price might continue to decline toward $2.740. The next major support sits near the $2.650 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.880 and $2.80. Major Resistance Levels – $2.950 and $3.00.
 - Bitcoin.com
 - NEWSBTC
Ethereum Price Dives – Can Bulls Step In Before More Damage Is Done? Ethereum price started a fresh decline below $4,550. ETH is now consolidating and might decline further if it breaks the $4,250 support zone. Ethereum failed to extend gains and declined below the $4,550 zone. The price is trading below $4,450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,400 and $4,450. Ethereum Price Dips Sharply Ethereum price failed to continue higher above the $4,650 zone and started a fresh decline, like Bitcoin. ETH price declined below the $4,600 and $4,550 support levels. The bears even pushed the price below $4,420. A low was formed at $4,264 and the price is now consolidating losses and is well below the 23.6% Fib retracement level of the downward wave from the $4,637 swing high to the $4,264 low. Ethereum price is now trading below $4,400 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,350 level. The next key resistance is near the $4,400 level. The first major resistance is near the $4,450 level. Besides, there is a key bearish trend line forming with resistance at $4,450 on the hourly chart of ETH/USD. A clear move above the $4,450 resistance might send the price toward the $4,500 resistance or the 61.8% Fib retracement level of the downward wave from the $4,637 swing high to the $4,264 low. An upside break above the $4,500 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,550 resistance zone or even $4,620 in the near term. Another Decline In ETH? If Ethereum fails to clear the $4,350 resistance, it could start a fresh decline. Initial support on the downside is near the $4,250 level. The first major support sits near the $4,220 zone. A clear move below the $4,220 support might push the price toward the $4,150 support. Any more losses might send the price toward the $4,120 region in the near term. The next key support sits at $4,050. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $4,250 Major Resistance Level – $4,350
 - NEWSBTC
XRP Price Dips Below $3 – Could This Trigger a Bigger Bearish Wave? XRP price started a fresh decline below the $3.00 zone. The price is now showing bearish signs and might decline further below the $2.880 zone. XRP price is moving lower below the $3.00 support zone. The price is now trading below $2.950 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it dips below $2.880. XRP Price Dips Below Support XRP price failed to extend gains above $3.20 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $3.050 and $3.020 support levels. The bears even pushed the price below $3.00. A low was formed near the $2.880 support, and the price is now consolidating losses well below the 23.6% Fib retracement level of the recent decline from the $3.138 swing high to the $2.880 low. The price is now trading below $3.00 and the 100-hourly Simple Moving Average. Besides, there is a bearish trend line forming with resistance at $2.980 on the hourly chart of the XRP/USD pair. If the bulls protect the $2.880 support, the price could attempt another increase. On the upside, the price might face resistance near the $2.950 level. The first major resistance is near the $3.00 level and the trend line. A clear move above the $3.00 resistance might send the price toward the $3.080 resistance or the 76.4% Fib retracement level of the recent decline from the $3.138 swing high to the $2.880 low. Any more gains might send the price toward the $3.120 resistance. The next major hurdle for the bulls might be near $3.150. More Downside? If XRP fails to clear the $3.00 resistance zone, it could continue to move down. Initial support on the downside is near the $2.880 level. The next major support is near the $2.80 level. If there is a downside break and a close below the $2.80 level, the price might continue to decline toward $2.740. The next major support sits near the $2.650 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.880 and $2.80. Major Resistance Levels – $2.950 and $3.00.
 - Cointelegraph
 - Cointelegraph
 - CoinDesk
 - Bitcoin.com
 - CoinDesk
 - NEWSBTC
Ethereum Price Dives – Can Bulls Step In Before More Damage Is Done? Ethereum price started a fresh decline below $4,550. ETH is now consolidating and might decline further if it breaks the $4,250 support zone. Ethereum failed to extend gains and declined below the $4,550 zone. The price is trading below $4,450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,400 and $4,450. Ethereum Price Dips Sharply Ethereum price failed to continue higher above the $4,650 zone and started a fresh decline, like Bitcoin. ETH price declined below the $4,600 and $4,550 support levels. The bears even pushed the price below $4,420. A low was formed at $4,264 and the price is now consolidating losses and is well below the 23.6% Fib retracement level of the downward wave from the $4,637 swing high to the $4,264 low. Ethereum price is now trading below $4,400 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,350 level. The next key resistance is near the $4,400 level. The first major resistance is near the $4,450 level. Besides, there is a key bearish trend line forming with resistance at $4,450 on the hourly chart of ETH/USD. A clear move above the $4,450 resistance might send the price toward the $4,500 resistance or the 61.8% Fib retracement level of the downward wave from the $4,637 swing high to the $4,264 low. An upside break above the $4,500 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,550 resistance zone or even $4,620 in the near term. Another Decline In ETH? If Ethereum fails to clear the $4,350 resistance, it could start a fresh decline. Initial support on the downside is near the $4,250 level. The first major support sits near the $4,220 zone. A clear move below the $4,220 support might push the price toward the $4,150 support. Any more losses might send the price toward the $4,120 region in the near term. The next key support sits at $4,050. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $4,250 Major Resistance Level – $4,350
 - Cointelegraph