Breaking: Ethereum price forced beneath $230 key support

FXStreet Team FXStreet

Ethereum price is once again trimming the accrued gains on the day after failing to break above the resistance at $235. The second-largest crypto by market capitalization has sunk beneath $230 support amid a developing bearish picture. A slide under the opening value of $227.52 could encourage the bears to increase their entries, further forcing ETH/USD towards $220 support. Meanwhile, the crypto is trading at $228.85.

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FXStreet

XRP steadies in narrow range as fund inflows, futures interest rise

Ripple is trading in a narrow range between $1.45 (immediate support) and $1.50 (resistance) at the time of writing on Monday. The remittance token extended its recovery last week, peaking at $1.67 on Sunday from the weekly open at $1.43.

Crypto Today: Bitcoin, Ethereum, XRP trade within range amid low retail interest

Bitcoin, Ethereum and Ripple continue to exhibit subdued volatility, consolidating within narrow ranges at the time of writing on Monday. Persistent low retail participation and weak technical structures limit the chances of any extended upside price movements.