Over the past day, BTCUSD has not managed to overcome the resistance at 6200-6300 dollars per coin and currently it runs the risk of being squeezed below support at a rate of 6000 US dollars. Similarly, all major altcoins are under the pressure, and they can accelerate the decline in the short term if investors do not deem it necessary to resume purchases. The negative factor is seasonality. Perhaps summer is one of the main reasons for the decline in the value of all crypto-currencies.

The bitcoin price is currently trading near the level of USD 6050 with strong support at $6,000. If there is a breakthrough below 6,000, then during the following sessions there may be a significant decrease to $ 5,800 and $ 5,750, respectively. In the case of a breakout above 6250, one should expect rapid growth to the level of 6400 US dollars. The reason for the rapid growth is a strong consolidation of the market near 6000, which confirms both the uncertainty and growing nervousness of the market. Any movement for the breakthrough of these levels will be supported by traders, since it is better to have a bad move than a good marking on the spot.

Ethereum struggled to overcome the resistance of 450 US dollars, which led to a final drop of 4% over the past 24 hours. Initial support is around $ 430, below which there is a risk of further losses towards the level of 420 US dollars. If the price starts recovery, it may face with a strong resistance of 450 US dollars. To start a decent upward recovery, you need a breakout range of 450-460 US dollars.

Bitcoin Cash fell and could not stay above support levels of $ 720 and $ 700. Currently, the coin loses about 6% and is traded around $ 680. The next important support is located at $ 650. Local resistance levels are located at 720 and 740 US dollars, respectively.

Ripple retains support of $ 0.45, but runs the risk of going to 0.44, after a breakthrough it is expected to expect a possible decline to 0.40.

It seems that bitkoyn and altkoins are trying to recover above the key resistance levels. If they continue to fall in price, then there is a risk of a greater decline in BTC, ETH, BCH, XRP and other crypto-currencies.

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