Bitcoin, Ethereum, Ripple are near key levels — decline or rebound?

Bitcoin stabilizes at a level of $105,000 on Monday after finishing the week below key support.

Ethereum is at the lower end of the consolidation level of $2,461, which would suggest a decline.

XRP is falling below its 50-day EMA support at $2.24, increasing the likelihood of further decline.

After a drop last week, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are stabilizing around important support levels. BTC is trying to rebound after closing below its important support level, while ETH and XRP are hovering around technical levels that may influence their future movements.

Bitcoin may drop if it breaks its 50-day EMA.

The price of Bitcoin rose after retesting its 50-day Exponential Moving Average (EMA) around $102,893 a day after closing below $106,406 on Thursday. Over the weekend, BTC stabilized around $105,000. It is consolidating at a level of $105,788 on Monday.