Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) retest key support levels on Monday after falling nearly 3%, 4% and 5%, respectively, in the previous week. BTC tests the lower channel support, ETH stabilizes around the midpoint of the consolidation zone, while XRP retests horizontal support.
Solana (SOL) price trades around $86.50 at the time of writing on Monday after losing nearly 7% in the previous week. Mixed signals amid rising geopolitical tensions in the Middle East war suggest that SOL’s short-term outlook remains uncertain, limiting the scope for a recovery.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) continue to weaken on Monday after correcting by more than 6%, 5% and 4%, respectively, in the previous week. BTC slips below $68,000 while ETH and XRP trade below their key support levels.