Bitcoin (BTC) trades above a short-term support range between $120,000 and $121,000 at the time of writing on Friday. Its technical outlook leans bearishly after correction from the record high of $126,199, reached on Monday.
Ripple (XRP) is struggling to hold above a short-term support at $2.85 on Wednesday, reflecting a relatively calm cryptocurrency market after a sharp decline the previous day.
Ripple (XRP) trades sideways in a narrow range between support at $2.83 and resistance at $2.92 on Tuesday. Interest in the cross-border token has remained significantly suppressed over the past few weeks, reflecting the general sentiment that September is a bearish month for crypto.