On December 23, 2021, crypto markets in general dropped by 0.8 percent, while Ripple’s XRP token and Cardano (ADA), among others, were boosted in the last 24 hours.
Bitcoin Price on December 23, 2021
After a failed attempt at $49,500, bitcoin’s price began a bearish fall. Below the $49,000 and $48,500 levels, there was a break. Initial support, on the other hand, is near $48,000. The next major support level is $47,500, below which the price may fall.
If the price rises again, it may run across resistance near $49,000. The nearest level of resistance is about $49,500, above which the price might touch $50,000.
Ethereum Price on December 23, 2021
At near $4,060 and $4,080, Ethereum is facing sellers. The price of ETH began to fall, and it was trading below $4,000. The price could prolong short-term losses if it falls below $3,920, the next significant support level.
There is immediate resistance near the $4,000 barrier. At or near $4,050, the next big obstacle, the price could seek to make a massive upside break.
Ripple’s XRP token and Cardano (ADA) in the previous 24 hours
Despite declines in Bitcoin, Ethereum, and the market as a whole, Ripple’s XRP token and Cardano (ADA) have risen in the previous 24 hours.
XRP was up 4% to close at $1, giving it a week-long gain of 20%, while ADA was up 5% to $1.35, up 4% from last Thursday.
Prices for DOT, LUNA, and AVAX on December 23, 2021
Polkadot (DOT) was another winner, rising more than 7% to almost $27.50. It is up 2% from where it was a week ago.
Terra (LUNA) saw its first price drop in a week, falling 8% to $87. However, it is still 39% higher than it was a week ago.
Avalanche (AVAX), another coin that has been steadily rising in recent days, has dropped 3% to $121. Its seven-day price, however, is up 16 percent, as it only hit $100 last Friday.
Prices for SOL, DOGE, MATIC on December 23, 2021
Solana (SOL) is trading at $180 after a 3% drop, roughly where it was a week ago, while Binance Coin (BNB) is trading at $530, down 1% in seven days.
Dogecoin (DOGE), a meme coin, has gained 2% and is now above $17.5 cents, down 3% from its seven-day high. Shiba Inu (SHIB), its Ethereum-based spinoff, has gained 5% in the last week and is up 4%.
In the valuation league table, Polygon (MATIC) is closing in on the pair once more. MATIC is now trading at $2.64, up 5% in the last 24 hours and up 24 percent in the last week.
The total market capitalization of the over 15,900 coins is $2.27 trillion, down 0.8 percent over the last 24 hours.
