Bitcoin and Ethereum Fail Near Major Range Highs, FTM, NEAR Rally

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Bitcoin and Ethereum Fail Near Major Range Highs, FTM, NEAR Rally

 
Bitcoin price failed to clear the USD 48,500 resistance zone and started a fresh decline. BTC traded below the USD 47,000 support zone. It is currently (04:34 UTC) trading near USD 46,400 and remains at a risk of a larger decline.
Similarly, most major altcoins are moving lower. ETH declined below USD 3,800, but the bulls are protecting USD 3,680. XRP is moving lower towards the USD 0.800 support. ADA retested the USD 1.30 support zone.
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