The brand new week has begun with the continued correction of the cryptocurrency market.

ETH/USD

Ethereum (ETH) is extra of a loser than Bitcoin (BTC), happening by 2.82%.

On the each day chart, Ethereum (ETH) has entered the bearish zone, breaking the help of $1,501. If the scenario doesn’t change by the tip of the day, the drop could proceed to the subsequent stage at round $1,400. Such a situation is related till the tip of the present week.

Ethereum is buying and selling at $1,479 at press time.

XRP/USD

XRP is not any exception to the rule, falling by 3.67% during the last 24 hours.

XRP is buying and selling close to the help stage at $0.3685 on the each day time-frame. In the meanwhile, one ought to pay shut consideration to the closure. If it occurs above that mark, there’s a probability to see a bounce again to the $0.38 zone. In one other case, the breakout of the help could result in a pointy drop to $0.35 shortly.

XRP is buying and selling at $0.3691 at press time.