The bears are not bullish, with the top 10 largest coins remaining in the red zone.
BTC/USD
Yesterday, sellers pushed Bitcoin price below the EMA55 for two hours and they broke the support at $42,447 in the evening. At the end of the day, an intraday low of $41,580 was reached.
The pair attempted an overnight recovery, but the 50% Fibonacci level capped the weak growth. Today, the decline could continue towards the $40,000 support level.
Bitcoin is trading at $41,684 at press time.
XRP/USD
Yesterday, XRP price went back below the EMA55 and the pair could no longer recover above it during the day. It is down 2.73% today.
Today, during the day, a drop to the $0.70 support is probable.
However, if the price can break above the most liquid area around $0.77 and fixate above it by the end of the day, there is a chance to witness near-term growth.
XRP is trading at $0.7447 at press time.
BNB / USD
Binance Coin (BNB) is no exception as its price has dropped 2.69% in the past 24 hours.
BNB price failed to hold above the local level of $489. Currently, the bears are stronger than the bulls, which is evident based on the increased selling volume. If buyers fail to return to the previous price, one can expect a drop to the area around $450 in the nearest days.
BNB is trading at $463.6 at press time.
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