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Bitcoin and Ethereum Struggle Near Resistance Zone, XRP Rallies
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Bitcoin price attempted an upside break above the USD 50,000 resistance but failed. BTC is currently (11:57 UTC) trading near USD 49,200. If the bulls lose control, there is a risk of a sharp decline towards the USD 47,500 support.
Most major altcoins are trading in a positive zone. ETH struggled to clear the USD 4,400 resistance and corrected lower but is still up 1% in a day. XRP is up over 11% and there was a break above the USD 0.90 resistance. ADA could gain pace if it clears USD 1.365.
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After a failure near USD 50,000, bitcoin price corrected lower. BTC declined below the USD 49,500 support level. There was a move below the USD 49,200 level. The next major support is near the USD 48,500 level, below which the
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