Crypto Stories
02/06 12:05
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) closed below their key support level and, at the time of writing on Monday, crashed by 4.3%, 13% and 12.6%, respectively. The technical outlook for all coins shows signs of weakness and suggests a continuation of the downtrend.
Bitcoin price broke below the $100K support level and closed below its 50-day Exponential Moving Average (EMA) level at $98,611 on Sunday. At the time of writing on Monday, it continues to trade down by 4.3%, around $93,800.
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