$ETH price analysis: if buyers cannot hold the initiative, one can expect a sharp drop to the $1,000 zone shortly Ethereum ETH $BTC $XRP $ADA $BNB
XRP is trading similar to Ethereum as the price has already touched the support level. If the daily candle closes below it, bears might keep the decline to the $0.33 mark within the next few days.The rate of Binance Coin has grown by almost 10% since the beginning of the week.Binance Coin has lost the $240 mark and is now on its way to the support level at $230. The selling volume is low, which means that there is a high possibility to see a false breakout, followed by a later rise.
Bears have absorbed almost all of yesterday's rise, which means that the altcoin is not ready yet for mid-term growth. Respectively, closure near the $0.46 mark may generate a sharp drop in the upcoming week.
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