Bitcoin and several major altcoins are not out of the woods yet, especially since they continue to face significant selling near their range highs. Do technical charts show BTC and altcoins forming a bottom?
Key points:
Bitcoin’s relief rally is facing selling near $72,000, but a positive sign is that the bulls have not ceded much ground to the bears.
Several major altcoins are facing selling at higher levels, indicating that the sentiment remains negative.
The post XRP SOPR Turns Negative as Holders Realise Losses—Is the Price at Risk of Slipping Below...
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