The cryptocurrency market has declined over the week, leading to a decrease in its capitalization from $2.31 trillion to $2.30 trillion.
During this period, Bitcoin dropped by 0.05%, Litecoin fell by 1.79%, Ripple declined by 5.08%, and Ethereum weakened by 3.15%.
Bitcoin
Bitcoin has yet to overcome the upper boundary of the downtrend and consolidate above the resistance range between 64,522 and 68,976, causing it to revert to the support level of 64,522.
If this level is broken out and the price consolidates below, further weakening of the primary cryptocurrency could continue to 57,686.83.
Alternatively, recovery within the range between 64,522 and 68,976 range and a possible attempt to exit it downwards could occur.
Ripple
Ripple remains within a sideways range between 0.5089 and 0.5865. The price has rebounded from the support level once again, with room to move up to 0.5865. However, if the 0.5089 support fails and the price consolidates below, the next target for a decline would be 0.4336.
Ethereum
Ethereum has fallen to the support level of the range between 2456.85 and 2780.86. If the 2456.85 horizontal level holds, a recovery towards the resistance level of 2780.86 is possible. A breakout of the 2456.85 support and consolidation below it would pave the way for Ethereum to reach 2132.83.
Litecoin
Litecoin experienced a local recovery before pulling back to the 68.80 support. If this level is broken out, the price could revert to the range between 57.91 and 68.80. A rebound from the 68.80 level would allow LTC/USD to continue its growth toward the 76.95 target.
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