The crypto market saw retracement across all boards with the crypto marketcap being rejected from its resistance of $1.2 trillion leaving top cryptos affected. This has led to market sentiments going back to bearish with many crypto assets sitting on the key support zone. Let us focus on the top 5 cryptos you should pay attention to this week. Related Reading: TA: Ethereum Bears Aim Big After Recent Breakdown Below $1,600 Disclaimer: The picks listed in this article should not be taken as investment advice. Always do your research and never invest more than what you can afford to lose. Top Crypto Price Analysis Chart –Bitcoin (BTC) From the chart, the price of BTC was rejected from $25,200 with a bullish uptrend in a rising wedge. The rejection from the resistance led the price of BTC to break out in a downward trend. BTC is currently trading at $21,100 at the point of writing this article. The price of BTC was unable to hold the support at $22,500 leading to a retest of lower support at $20,800. A breakout below this $20,800 support holding the price of BTC could see the price going lower to a region of $19,000 which is seen as a demand zone for BTC prices over the weeks. Price Analysis Of Ethereum (ETH) On The Daily (1D) Chart The price of Ethereum in recent weeks outperformed BTC after showing a bullish trend ahead of “The Merge,” rising to a region of $2,030. ETH price was rejected from $2,030 with what seems to be a...
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