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Bitcoin and Ethereum Reach Key Support, Altcoins Face Sellers
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Bitcoin price started a downside correction from the USD 67,000 zone. BTC corrected lower below USD 65,000 and USD 63,500, before going higher again. It is currently (11:51 UTC) trading above USD 63,500, but there is a risk of a downside correction.
Besides, most major altcoins are also correcting lower. ETH is down over USD 200, but it is still above USD 4,000. XRP could struggle to stay above USD 1.08 and USD 1.05. ADA might revisit the USD 2.12 support zone.
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After a bearish reaction, bitcoin price failed to stay above the USD 64,200 support. BTC even traded below USD 63,500 and it is now trying to recover. On the downside, an immediate support is near USD 62,500. The next key support is near USD 62,000, below
Read more on cryptonews.comAbout this in other media
Bitcoin and Ethereum Eye Additional Gains, DOGE Accelerates cryptonews.com /3 years ago
Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels cointelegraph.com /3 years ago
Bitcoin and Ethereum Face Resistance, SHIB Crashes 44% From ATH cryptonews.com /3 years ago
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