Crypto Update: Altcoin Breakdown Looms As BTC Remains Stable

BTC tried to move above its short-term resistance level near $7,400 several times in the past 48 hours, but the coin continues to be stuck in a very narrow range just below the zone. The coin is still on sell signals on both time-frames in our trend model, with support zones found near $7,000, $6,750, and $6500, and with resistance ahead near $7,400, $7,600, $7,800, and $8,200.

XRP is still on sell signals on both time-frames in our trend model, with support zones found near $0.21 and $0.20, and with resistance zones ahead near $0.23, $0.2475, $0.26, and $0.28. LTC remains on sell signals on both time-frames in our trend model, with support zones found near $44 and $38, and with resistance zones ahead near $51, $56, and $64.

Timeline of Xrp, Bitcoin, Litecoin