BTC and XRP – Sideways movement seen, but a breakout soon expected

BTC/USD

Last Tuesday the price of Bitcoin spiked to $10400 at it’s highest point from where a decrease of 11.6% has been made reaching $9143 at it’s lowest. The price fell sharply to the downside below the starting point of the prior increase after which we have seen a minor recovery to $9859 at its highest point. Since then the price has fell back to the interrupted ascending trendline and made another attempt to break above the significant horizontal resistance zone but the attempt failed for now and is still being traded in a tight range.

Read more: https://www.fxopen.blog/btc-and-xrp-sideways-movement-seen-but-a-breakout-soon-expected/