#Bitcoin , #Ethereum , #Ripple : Bulls apprehensive after major resistances rejected
Bitcoin falls below $94,000 on Monday following failure at a major barrier level on Friday.
Ethereum falls at $1,861, risking a bearish trend.
XRP falls below its 50-day EMA at $2.20, risking a plunge to $1.96.
Bitcoin (BTC) is at $94,000 on Monday following Friday's resistance rejection. Ethereum (ETH) and Ripple (XRP) followed BTC and were rejected from major resistance levels last week, suggesting a negative trend.
Bitcoin falls after its daily level of $97,700 is rejected.
Friday, bitcoin price tried and failed its daily resistance mark of $97,700. Over the following two days, it fell roughly 3%. As of Monday, it trades about $94,000.
BTC may correct to its next support level at $90,000 if it continues to fall.
BTC might go over its daily barrier at $97,700 to retest its psychological obstacle at $100,000 if it rebounds.
After retesting $1,861 daily barrier, Ethereum may correct.
On Friday, Ethereum price hit $1,861 barrier and fell 1.87% over the following two days. As of Monday, it trades about $1,795.
ETH may continue its slide to retest its psychological relevance at $1,700. A closing below this level might prolong the slide to $1,449, its next support level.
ETH might continue the climb to retest its psychological significance milestone at $2,000 if it breaks and closes above daily resistance at $1,861.
After falling below its 50-day EMA, XRP displays weakness.
After closing below its 50-day EMA at $2.20 on Saturday, XRP fell 2.26% the following day. As of Monday, it trades about $2.14.
If XRP keeps falling, it might reach $1.96.
However, if XRP breaks and closes above $2.20, it will surge to retest its March 24 high of $2.50 before hitting $3.00.