Cryptocurrencies facing potential breakdown, Bitcoin price crucial at $66,600 level

From Investing.com

October 23, 2024 11:30:18 pm:

Shiba Inu (SHIB) is close to a major breakdown as it hovers near a crucial trendline support level. The 200 EMA could prevent a complete collapse, but a decline below the trendline may lead to a longer decline. XRP is struggling between $0.52 and $0.53, possibly indicating a bearish retracement with bearish momentum. Bitcoin’s price of $66,600 is crucial, as a break below could lead to a steep drop, while $70,000 is the next resistance level to watch.

Read more at Investing.com: What to Expect, Bitcoin (BTC) Has to Avoid Falling Below This Level By U.Today