- Bitcoin’s price faces a crucial test at $96,000, with potential for further decline.
- XRP must hold $2.42 to avoid deeper pullback toward $2.38 or $2.40.
- ADA could test resistance near $0.80 if it stays above key support at $0.76.
Bitcoin (BTC), XRP, Solana (SOL), and Cardano (ADA) might face a brief pullback, according to analyst Ali Martinez. The TD Sequential indicator is flashing sell signals on their hourly charts, hinting at potential downward movement.
While BTC has shown volatility around the $96,000 level, XRP and SOL have run into roadblocks at key price points. At the same time, ADA has surged significantly, but a slight cooling off is underway.
Bitcoin Faces Selling Pressure
Bitcoin is currently trading at $96,036.06, down 1.35% over the past day. Initially, BTC dipped slightly before rallying toward $98,500. However, after a brief pause, the price reversed and fell sharply below $97,000. This decline has now put BTC near a big support …
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