Bitcoin, Ethereum, and Ripple prices are currently at key support levels. Bitcoin is hovering around $67,147, Ethereum at $3,424, and Ripple at $0.467. The market is expected to be volatile due to the release of US CPI data.
Bitcoin has seen a 7% decrease in the last five days, facing resistance at $71,280. It could experience a 5% dip before potentially rallying. Ethereum has dropped by 11% in the last six days, finding support at $3,424. Ripple has also seen a 13% decrease, with support at $0.467.
The market movements of these cryptocurrencies are closely linked, with Bitcoin leading the way. If Bitcoin breaks below $60,919, it could invalidate the bullish trend and drop to $58,375. Ethereum could see a 20% increase if it bounces off $3,279, reaching $3,977. Ripple might rally by 17% if it bounces off $0.450 to reach $0.522.
Overall, the cryptocurrency market is poised for volatility, with potential dips and rallies based on market data and technical analysis.