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23.12 - 11:27
Bitcoin and Ethereum Struggle, DOGE Jumps 20% In One Hour
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Bitcoin price is facing resistance near USD 47,500.
Ethereum must clear USD 3,880, XRP could revisit USD 0.750.
DOGE rallied 20% in one hour and surpassed USD 0.20.
Bitcoin price extended decline below the USD 48,500 and USD 47,000 levels. BTC even spiked below USD 46,000 and tested USD 45,800. It is currently (11:51 UTC) trading above USD 47,300 again, but the bears might remain active near the USD 48,500 level.
Similarly, most major altcoins are showing bearish signs. ETH spiked below USD 3,700 before correcting higher again. XRP is consolidating losses below the USD 0.80 support zone. ADA could revisit the USD 1.20 support.
Total market capitalization
After a fresh bearish reaction, bitcoin price extended its decline below USD 47,000. BTC
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