Join ACY Securities Chief Market Analyst, Alistair Schultz, in this tutorial video as he explains his top five mistakes that traders make and how to avoid them.
Author
Alistair Schultz
Independent Analyst
Ripple (XRP) shows subtle signs of recovery above $1.05 on Tuesday, with the move to around $1.07 ending three straight days of losses amid a pressured broader cryptocurrency market.
Bitcoin hovers around $62,500 amid prevalent sideways trading. Meanwhile, major altcoins such as Ethereum and Ripple are holding above crucial support levels at $1,700 and $1.05, respectively, reflecting ongoing consolidation across the crypto sector.
Curve DAO price is up 4% on Tuesday, extending its 3% gains from the previous day to emerge as the best-performing altcoin over the last 24 hours. On-chain data shows waning selling pressure as supply available on exchanges declines, while top holders increase their exposure amid rising supply in profit.
Bitcoin remains under pressure, trading at $62,600 on Tuesday after slipping over 2% in the previous day. The bearish bias is further fueled by renewed geopolitical tensions between the US and Iran, which have dampened risk appetite.
![My top 5 biggest mistakes in trading and what to do about them! [Video]](https://editorial.fxstreet.com/images/TechnicalAnalysis/ChartPatterns/Chartism/financial-graph-19311174.jpg)
