Crypto Prices Under Pressure: Bitcoin, Ethereum, XRP, and Shiba Inu Correct Lower
Bitcoin (BTC) is correcting around $77,300 after failing to break above $80,000, $81,000. The closest dynamic support for Bitcoin is located at $75,967.
The August breakout structure remains valid for Bitcoin, but momentum has significantly decreased since entering overbought territory.
Ethereum (ETH) is consolidating around $2,441 below the $2,500, $2,560 resistance range. The current setup would be maintained if $2,400, $2,360 were held.
XRP is testing one of the most significant technical areas on its daily chart at $1.36, with a crucial support cluster beneath the price.
Shiba Inu (SHIB) has broken its rising trendline and is trading close to $0.00000509 after declining by about 3.2%.