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Bitcoin and Ethereum Fail Near Major Range Highs, FTM, NEAR Rally

Bitcoin price failed to clear the USD 48,500 resistance zone and started a fresh decline. BTC traded below the USD 47,000 support zone. It is currently (04:34 UTC) trading near USD 46,400 and remains at a risk of a large...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin and Ethereum Fail Near Major Range Highs, FTM, NEAR Rally
 
Bitcoin price failed to clear the USD 48,500 resistance zone and started a fresh decline. BTC traded below the USD 47,000 support zone. It is currently (04:34 UTC) trading near USD 46,400 and remains at a risk of a larger decline.
Similarly, most major altcoins are moving lower. ETH declined below USD 3,800, but the bulls are protecting USD 3,680. XRP is moving lower towards the USD 0.800 support. ADA retested the USD 1.30 support zone.
Total market capitalization...
Read More: Bitcoin and Ethereum Fail Near Major Range Highs, FTM, NEAR Rally

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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