Bitcoin price could extend the fall to $60,000 without invalidating the bullish thesis. Ethereum price could drop 10% if BTC weakness prevails Ripple price could drop 7% to $0.5740 before the next leg up. Bitcoin price has crashed, and with it, altcoins have followed in a cascade of dumps that has seen over $530 million in total liquidations across the cryptocurrency market.
ETH/USDT 1-day chart Conversely, a re-entry by the bulls could see Ethereum price recover. A flip of the formidable resistance due to the equal lows of $3,722 into support after a strong spike in bullish momentum would improve the chances of continuing the uptrend. This development could result in ETH heading straight to the $4,093 range high. Also Read: Ethereum L2 bridge deposits skyrocket after Dencun Upgrade Ripple price eyes a 7% drop Ripple price is down 15% after a peak of $0.
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