From Investing.com: 2024-04-15 01:00:27

XRP experienced a sharp 20% drop in just two days, shattering key support levels and leaving $0.48 as its resting point. The focus now is on the 200-day EMA support at $0.57, with hopes for recovery slim as XRP struggles to regain $0.58 resistance.

Ethereum is on the brink, barely holding above $3,050 after a significant pullback. The 100-day EMA support at $3,050 is crucial, with a drop below $3,000 becoming increasingly likely. A potential reversal could occur as the new week begins, bringing some relief to the market.

Bitcoin’s price plummet shocked the market, leaving many speculating about the future of the bullish trend. With support levels still intact, particularly the 50-day MA at $58,417, there is hope for a rebound. Testing the 100-day MA near $60,000 will be critical for maintaining a bullish outlook.

Read more at Investing.com: Most Brutal XRP Price Drop in Years, Is Ethereum (ETH) About to Lose $3,000? Is Bitcoin (BTC) Really Doomed? By U.Today