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21.12 - 15:17
Bitcoin and Ethereum Consolidate, SOL Rallies, SHIB Dives
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Bitcoin price struggled to clear USD 58,500 and corrected lower. BTC is currently (11:59 UTC) declining and trading below USD 57,200. A close below USD 56,250 may perhaps spark a fresh bearish wave in the near term.
Besides, most major altcoins are trading in a positive zone. ETH tested USD 4,780 before correcting a few points. XRP could gain pace if there is a close above USD 1.00. ADA must clear the USD 1.60 for a stronger increase.
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After a downside break below USD 57,500, bitcoin price failed to start a fresh increase. BTC even declined below USD 57,000 and it might continue to move down. The next major support is now forming near the USD 56,250 level, below which the price might extend losses. In this case, it
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