Bitcoin and Ethereum Keep Moving Lower, HT Rallies

cryptonews.com:

Bitcoin price struggled to clear the USD 24,200 resistance zone and moved below USD 24,000 again. It is currently (11:49 UTC) trading near USD 23,800 and is down almost 4% in a day and up 5% in a week.

Besides, most major altcoins are also moving lower. ETH could accelerate lower if it breaks the USD 1,850 support. XRP is struggling to clear the USD 0.385 level. ADA might drop towards the USD 0.512 support.

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After facing hurdles above USD 24,200, bitcoin price started another decline and is now showing bearish signs below the USD 24,000 level. On the downside, an immediate support is at USD 23,650. The next major support is near the USD 23,500 zone, below which the price could extend losses. In this case, the price may perhaps decline to USD 23,000.

On the upside, the bears might remain active near the USD 24,200 level. The next resistance is near the USD 24,500 level, above which the price might gain bullish momentum.

Ethereum price is still holding gains above the USD 1,850 level. However, ETH is struggling to gain strength above the USD 1,900 level and is down 2% in a day and up 17% in a week. If it reacts to the downside, it might test the USD 1,850 support. The next major support is near the USD 1,820 zone.

On the upside, an immediate resistance is near the USD 1,920 level. The next key resistance is near the USD 1,950 level, above which the price may rise to USD 2,000. 

Cardano (ADA) is facing hurdles near the USD 0.535 level. ADA is moving lower and might test USD 0.520. The next major support is near USD 0.512, below which the price might drop towards the USD 0.500 level.

BNB is down 3% and trading below the USD 325 level. It is now approaching the USD 320 level. Any more losses might open the