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25.11 - 15:33
Bitcoin and Ethereum Struggle to Recover Higher, Small Altcoins Rally
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Bitcoin price started a downside correction below USD 66,000. BTC even declined below USD 65,000 to move into a short-term bearish zone. It is currently (11:47 UTC) back above USD 65,400 but is still showing bearish signs.
Besides, most major altcoins are also trying to recover losses. ETH declined below USD 4,750 and it could extend losses towards USD 4,600. XRP managed to recover above the USD 1.20 resistance. ADA aims for a retest of the USD 2.20 resistance zone.
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After a close below USD 66,000, bitcoin price extended decline. BTC traded below the USD 65,500 support level and is now trying to stay above the USD 65,000 level. A close below USD 65,000 might spark a stronger decline. The next key support is near the
Read more on cryptonews.comAbout this in other media
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