Bitcoin

Ethereum

<ul><li>Bitcoin&#39;s resilience holds strong amidst market volatility, aiming for a crucial breach above $37,972 to target $40,000.</li><li>Ethereum mirrors Bitcoin&#39;s trajectory, bouncing from $1,920 to settle above $2,000, eyeing resistance at $2,075 for further gains towards $2,150.</li><li>Ripple struggles, as evidenced by XRP&#39;s downward trend, testing support at $0.6181, with a potential upside to $0.7000 if buyer momentum strengthens.</li></ul>In a noteworthy turn of events, Bitcoin faced a significant downward spiral on November 13 and 14, experiencing profit-booking that pushed its value below the $35,000 mark. Bitcoin (BTC) displays signs of resilience after a harsh correction that impacted the market. Ethereum (ETH) aligns its trajectory with Bitcoin&#39;s patterns. However, Ripple (XRP) paints a contrasting picture, showing indications of weakness in its price movement.It&#39;s worth noting that Glassnode <a href="https://studio.glassnode.com/metrics?a&#61;BTC&amp;category&#61;&amp;m&#61;addresses.Min1KCount&amp;s&#61;1686494044&amp;u&#61;1699920000&amp;zoom&#61;" rel="noopener noreferrer nofollow">data</a> has revealed a decrease in &#34;whale wallets&#34; holding over $1,000 worth of Bitcoin. This decline has reached a month-long low, indicating that some significant holders may have taken advantage of the recent price surge. As a result, buyers interested in taking advantage of the current market downturn should be aware of this development.Investors are keen on Bitcoin&#39;s ability to breach and maintain closure above the $37,972 threshold to validate an upward trend. This breakthrough could set the stage for Bitcoin to surge towards the psychological milestone of $38,000 and reach $40,000, marking a significant 10% increase from current levels. BTC is <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">trading</a> at $37,360, showcasing a rise of 4.46% over the last 24 hours and a 1.56% increase over the past week.Read full article at<a href="https://cryptotale.org/bitcoins-resilience-amid-market-swings-ethereum-recovers-ripple-struggles/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Bitcoin's Resilience Amid Market Swings; Ethereum Recovers, Ripple Struggles

CryptoTale

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