Bitcoin price attempted a recovery wave above $19,200 but struggled. BTC is currently (11:00 UTC) moving lower towards the $18,800 support.
A downside break below $18,800 might start a fresh decline.Similarly, most major altcoins are correcting gains. ETH topped near $1,360 and started a downside correction.
XRP price rally faced sellers near $0.58. ADA is struggling to stay above the $0.45 support zone.Earlier today, bitcoin price started an upside correction above the $19,200 level.
BTC attempted to gain strength above the $19,500 resistance. However, the bears were active near $19,500. The price is now moving lower below the $19,200 level and the 50-hour simple moving average.Read more on cryptonews.com