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.
Bitcoin price started a downside correction from the $72,000 zone. BTC is now consolidating near $70,000 and might eye another increase in the near term.
Ripple XRP price extended its increase above the $0.5450 resistance. The price is now correcting gains and might remain strong above the 100-hourly SMA
Cardano (ADA) is struggling to start a fresh increase above the $0.500 resistance zone. ADA must stay above the $0.480 support to start a decent upward move.
Two previously unknown backdoors likely deployed by a Russian state hacking group have been discovered compromising the foreign affairs ministry of a European country.