The foreign media market commented that the pressure on the encrypted market was continuing, that bitcoin was falling again after the rebound had failed and that the market focus had returned to a line of $60,000. The article also mentions that the XRP is approaching the $1 mental level, and that SHIB is still in the lower range, but short-line strokes are showing signs of slowing down.
Bitcoin's got $60,000 on it.
According to the article, Bitcoin ' s recent rebound failed to continue, and prices slipped back to the low range above $60,000. The current trend continues to show lower and lower levels, suggesting that empty structures have not been broken.
Sixty-six million dollars has been brought to the fore because this position was both an important anchor and a phased area. If the sale continues to prevail, the price may be tested again, even briefly.
However, the article also mentions that integer levels tend to attract new buys. With relatively strong and weak indicators close to oversold areas, the downswing could slow in the short term. The next key is not whether or not to touch $60,000, but whether or not the position can be bought and taken.
XRP approaching a dollar mental position.
According to the article, the XRP has been under increasing pressure since it fell for months in early June and prices are approaching $1. This was further confirmed by the loss of support around US$ 1.30.
As described in the text, the XRP is still operating under multiple main averages, with short- and medium-term weakness. The United States dollar is considered to be the next important anchor and the more sensitive integer level of the market.
If this position is lost, it may trigger greater volatility and lead to a realignment of expectations by some traders. At the same time, the indicators show that there are signs of overdrafts for short-line sales, which means that if the purchase is entered at a critical location, the price does not preclude a short rebound.
There are signs of a slowdown in SHIB sales pressure.
Of the three assets, SHIB's presentation is relatively mild. According to the article, while SHIB was still close to being low during the year and had not recovered its main resistance, some of the technical signals indicated a decrease in empty power compared to earlier.
One signal is that when prices reach a new local low point, the relative strength and weakness indicators do not go down at the same time, leading to some deviation. The article also mentioned that SHIB formed a small fall wedge in June, which usually slowed in response to the fall, and that the subsequent fall had not been followed by a previous apparent drop.
However, this does not mean that the trend has reversed. SHIB remains below the average of 20, 50, 100 and 200 days and the overall structure remains weak. According to the article, it is only when prices have again broken the short-term downward trend line and created a higher low point that it is possible to show a clearer signal of repair.
