Bitcoin (BTC) and Ethereum (ETH) have established support at critical levels, signaling a potential rally.
Bitcoin price successfully closes above the $66,000 resistance level, eyeing a rally ahead. Ethereum price bounces off its support level at $2,542, suggesting a possible rally ahead. Ripple price is nearing the 200-day EMA at $0.553; a close above suggests a possible recovery. Bitcoin and Ethereum have established support at critical levels, signaling a potential rally.
ETH/USDT daily chart On the other hand, if Ethereum’s price closes below the daily support level at $2,461, ETH could extend the decline by 13% to retest its September 6 low of $2,150. Ripple price could rally if it closes above its 200-day EMA Ripple price has been rejected around its 200-day EMA at $0.553 multiple times since Monday.As of Thursday, it trades at around $0.551, nearing its 200-day EMA at $0.553. If XRP breaks and closes above the 200-day EMA at $0.
Ethereum Ripple Cryptocurrencies Technical Analysis
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