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Crypto

Crypto Markets Pause Gains as Bitcoin and Ethereum Consolidate

Guavy AI Editorial Team
Instruments
BTC ETH XRP
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Bitcoin (BTC) and Ethereum (ETH) have paused their gains after a massive rally in recent weeks, while Ripple (XRP) has found support near its 200-day Exponential Moving Average (EMA).

The price of Bitcoin is currently trading at around $77,900 on Monday, holding well above the key EMAs. However, Ethereum faces resistance near the $2,500 mark and has fallen slightly in recent days.

Ripple, on the other hand, has found support near the 200-day EMA at $1.21, with a sustained hold above this level suggesting gains ahead. The pair is currently trading at around $1.35.

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