- Bitcoin price steadies around $109,000 on Monday after hitting a record high of $111,900 last week, signaling potential consolidation.
- Ethereum finds support at the 200-day EMA near $2,447, keeping recovery prospects in play.
- XRP rebounds off the $2.30 level, showing resilience despite waning bullish momentum.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing signs of stabilization at the start of the week following recent bouts of volatility. BTC is consolidating after setting a new all-time high, while ETH and XRP are holding above key support levels, suggesting bulls may still have a chance to reclaim control.
Bitcoin consolidates after setting a new all-time high
Bitcoin price reached a new all-time high (ATH) of $111,900 on Thursday and declined 3.92% the next day. However, it found support around the $106,406 daily level on Saturday and recovered slightly the next day. At the time of writing on…
