Bitcoin has been consolidating around $63,000 despite broader market declines. But, the double-top pattern and struggle to get back above $70k raises concerns of a correction. Critical support levels, such as the 21-week EMA at $55,200, should be monitored closely in case of a potential correction.
Ripple XRP price failed to recover above the $0.5050 resistance zone. The price is now moving lower and might gain bearish momentum below the $0.480 support.