XRP struggles at $0.60, Bitcoin fails to break $60,000 resistance

From Investing.com
September 2, 2024 12:00:18 am:

XRP struggles to maintain momentum above $0.60 amidst market volatility. $0.55 is critical support level, breakdown may lead to further declines. $0.50 psychological threshold to watch, decline could signal more correction. Upside resistance at $0.60, breakthrough could indicate reversal.

Toncoin trading volume surges, but price remains low. Pavel Durov’s arrest affects performance. Market fatigue evident in sluggish price action. Lack of catalysts hinders growth, despite strong foundation in Telegram ecosystem.

Bitcoin fails to break $60,000 resistance, falls below 200-day EMA to $58,000. Breakdown signals end of local uptrend, lack of bullish momentum. Importance of $60,000 resistance level, uncertainty in market. RSI below 50, volume decline indicates loss of momentum and buying interest.

Read more at Investing.com: Explosive Volume but Low Price, Bitcoin (BTC) Major $60,000 Fail By U.Today