Bulls continue to dominate the cryptocurrency markets, yet some coins are experiencing declines.
BTC Price Dynamics
According to CoinMarketCap, the rate of Bitcoin (BTC) has dropped by 0.33% over the last day. On the daily chart, the price is falling after a false breakout of the resistance level at $69,363. If the bar closes below yesterday's candle low, the correction may continue to the $66,500-$67,000 zone. Bitcoin is trading at $67,855 at press time.
ETH Price Dynamics
The price of Ethereum (ETH) has increased by 1.67% since yesterday. From a technical perspective, the rate of ETH is trading similarly to BTC. If the fall continues and the price goes below the support level of $2,659, there is a chance to see a test of the $2,500-$2,600 range shortly. Ethereum is trading at $2,682 at press time.
XRP Price Dynamics
XRP is the biggest gainer today, going up by 2.24%. Despite this growth, XRP failed to fix above the resistance of $0.5556. If the daily bar closes far from that mark, a drop to the $0.5350-$0.54 area may occur. XRP is trading at $0.5459 at press time.
The analysis demonstrates that despite bulls' general dominance in the market, some cryptocurrencies struggle at resistance levels.