Will XRP’s $0.5 Reversal Finally Happen? Bitcoin Can (BTC) Hold Above $60,000, Cardano (ADA) Lost $0.4: What’s Next? By U.Today

From Investing.com: 2024-06-27 02:00:19

XRP struggles to break above 26 EMA, lacks momentum and buying pressure as altcoins face market decline. RSI indicates neutral territory, potential retest of lower support levels if 26 EMA not broken. Strong volume needed for significant comeback, more buyers required for reversal. Current price floor at $0.46, major support level.

Bitcoin hovers above $60,000, facing rising selling pressure. Price action must hold above key level, technical indicators suggest potential selling pressure. Potential rebound if $60,000 support holds, targets $65,000 and $70,000. Failure to hold support could trigger stronger sell-off towards $57,000. Increased buying volume needed for rally.

Cardano stagnates at $0.41, struggle to gain traction despite strong potential and community support. 50-day and 200-day EMAs critical resistance levels. RSI shows oversold territory, indicating potential buying opportunity for long-term investors. Low trading volume reflects market uncertainty and lack of interest. Investor sentiment remains uncertain about ADA.

Read more at Investing.com: Will XRP’s $0.5 Reversal Finally Happen? Bitcoin Can (BTC) Hold Above $60,000, Cardano (ADA) Lost $0.4: What’s Next? By U.Today