Bitcoin Stuck in Tight Range as Dogecoin and XRP Come Under Pressure
Bitcoin's price has been stuck around $63,800 in a tight range. The cryptocurrency has not broken out of this level despite ongoing market volatility.
Dogecoin, on the other hand, is facing pressure as its price remains below the crucial $0.07 support level. This means that for every Dogecoin token, the owner can buy 1/0.07 dollar's worth of goods or services. The overall trend for Dogecoin is still downwards.
XRP has managed to hold onto the $1 level but has not been able to push past the $1.10 mark. This suggests that investors are being cautious with their XRP holdings and are hesitant to take on more risk by buying at higher prices.