๐ BITCOIN, ETHEREUM & XRP PULL BACK AS BULLS LOSE MOMENTUM
After facing strong resistance, the top three cryptos are retreating:
๐ธ $BTC hit resistance near $116,000 and failed to hold. It now trades under $114,000, with key support at $113,058 (50-day EMA). A breakdown here could extend losses toward $110,000, while a bounce may retest $116,000.
๐ธ $ETH was rejected at the $3,730 daily barrier after a 10% recovery. Now trading around $3,588, it risks falling to the $3,392 support (78.6% Fib). A break above $3,730 could reignite a move toward $4,000+.
๐ธ $XRP dropped below $2.92 after rebounding from the $2.80 zone. If weakness continues, it may retest $2.72โ$2.80 support. A bullish reversal could aim for $3.40.
The bulls need strong volume and breakouts to regain control. Until then, watch key levels closely.
