The article provides an analysis of the current price movements of Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Bitcoin has been declining for the past four days but managed to recover slightly after testing its 50-day Exponential Moving Average (EMA). However, if it breaks below $100,000 and closes below the 50-day EMA, it may decline further. Ethereum also experienced a decline and closed below its 200-day EMA, indicating a potential correction to its next support level. Ripple is sliding towards its ascending trendline support, and if it breaks below that level, it could decline further. The RSI and MACD indicators for all three cryptocurrencies suggest a weakness in bullish momentum and a potential downtrend. However, if Bitcoin, Ethereum, or Ripple continue to recover, they may retest previous resistance levels.
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