Why Your Crypto Wallet Might Be Crying This February

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Ah, the weekend has arrived, and with it, the bears have decided to throw a rather extravagant party, outshining the bulls, as reported by CoinMarketCap. One can only wonder if the bulls forgot to bring their dancing shoes. 🐻💃

BTC/USD

Bitcoin (BTC), that elusive creature, has taken a tumble, declining by nearly 2% in the last day. It seems the digital gold is feeling a bit under the weather. 💰😷

On the daily chart, BTC appears more bearish than a grizzly in hibernation. The price is far from the important levels, suggesting that any sharp moves are as likely as a cat learning to swim. 🐱💦

If the buyers wish to reclaim their lost glory, they must ascend above the sacred threshold of $100,000. A tall order, indeed!

As of now, Bitcoin is trading at $96,497. A mere whisper away from the coveted mark.

ETH/USD

Ethereum (ETH), in a show of solidarity with Bitcoin, has also decided to take a dip, dropping by 1.98%. It’s almost as if they’re in a synchronized swimming routine, but without the grace. 🤿

From a technical perspective, ETH is merely meandering sideways, gathering energy like a sloth preparing for a sprint. With neither side taking the lead, it seems we are destined for a prolonged period of consolidation. 🦥

At this moment, Ethereum is trading at $2,733. A number that sounds impressive until you realize it’s just a number.

XRP/USD

XRP, the underdog of the trio, has taken the hardest hit today, plummeting by 2.76%. It’s as if it’s trying to win a contest for the most dramatic fall. 🎢

On the daily chart, there are no signs of a reversal yet. If the rate breaks the interim level of $2.50, we might just witness a test of the $2.40 area soon. It’s like waiting for a bus that may or may not arrive. 🚌

Currently, XRP is trading at $2.5873. A number that might make you ponder the meaning of life.

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2025-02-22 15:06