Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading cautiously on Wednesday as price action approaches key technical levels across these top three cryptocurrencies. BTC, the leading cryptocurrency by market cap, has stalled near the key resistance level around $82,000 while ETH holds firm above the key support at $2,275. Meanwhile, XRP has recovered from Tuesday’s dip and is now approaching the upper boundary of its descending channel, where a breakout will open the door for further gains. XRP demand holds firm across retail and institutions XRP is up by less than 1% in the last 24 hours and is now trading at $1.46 per coin. The positive performance comes thanks to growing retail and institutional demand.
Source: Read the original article
