Today’s encryption price: Bitcoin trades less than $ 96,200; Solana, XRP decreases to 6 %

The main encrypted currencies were traded in less on Monday, February 17, with blue symbols, including BitcoinEthereum, XrpSolana, and Dogecoin, decreased by up to 6 %.

As of 11:12 am, Bitcoin decreased by 1.5 % to 96,122 dollars, while ETHEREUM decreased by 2 % to $ 2,656. Global Crack market ceiling 1.67 % has decreased to $ 3.18 trillion in the past 24 hours.

“Bitcoin maintains the stability of approximately $ 96,000 as the market awaits a decisive incentive. While positive factors such as returns in the United States for 10 years less said Alakar Saxina, co -founder and Madrid Foundation, was seen.”

“The BTC’s relative index is still near the level of 50 neutrals, indicating a balance between bulls and bears. The penetration in either direction will be determined the next direction, with resistance of $ 98,000 and support for 95,000 dollars.”“Bitcoin continues to unify more than $ 96,000. If it fails to keep it, support may be tested at $ 94,000. Crypto Fear & Greed, in 51, indicates the total frequency in the market.”

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Other major altcoins decreased, as XRP 4.3 % decreased, Solana by 6.3 %, Dogecoin 3.8 % lost, and Litecoin decreased 7.9 %. ChainLink, Stellar, Avalanche, SUI, Tron and Shiba Inu were also traded, as it recorded losses between 1.6 % and 4.4 %.

In the past 24 hours, the maximum Bitcoin market has decreased to $ 1.907 trillion. Bitcoin is now 59.91 %. BTC volume increased in the same period by 20 % to $ 18.19 billion. Meanwhile, Stablecoins accounted for $ 58.31 billion of this folder, or 91.06 %, according to CoinmarketCap.

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Technology view by Sathvik Vishwanath, co -founder and CEO, UNOCOIN

Bitcoin is still fixed between $ 96,000 and $ 97,000, reflecting low fluctuations in a narrow trading range. After its peak of 109,356 dollars, BTC merges between 96,000 dollars and $ 98,000, with support from $ 89,000 and 91,000 dollars and resistance below $ 100,000.

The short-term indicators indicate a declining pressure, with weak heights of 96,686 dollars and resistant at $ 97,900-98,000 dollars. While long -term Emas indicates strength, declining momentum and MACD in favor of bears.

The collapse, which exceeds $ 100,000, may revive the upscale feelings, targeting 102,000 dollars, while not maintaining $ 96,500 may lead to a decrease to $ 91,000. The frequency continues in the market, where traders expect the next main step amid weakness of selling and cautious accumulation.

(DisintegrationRecommendations, suggestions, opinions and opinions made by experts are their own. These do not represent the views of economic times)