Cryptocurrency prices.. Bitcoin decline after its record high

The cryptocurrency market showed mixed performance today, with a decline in trading of major assets such as Bitcoin and Ethereum, and although some alternative currencies also witnessed declines, some digital symbols emerged as the biggest winners, and here are the prices of cryptocurrencies for today.

Bitcoin Price (BTC)

Bitcoin was trading at $96,268.32, recording a decline of 1.94% over the past 24 hours and 1.03% over the course of the week. Despite its dominance in the market, Bitcoin showed clear fluctuations, as chart patterns indicate the presence of a consolidation phase, where The price fluctuates between $96,000 and $97,000.

Despite the decline in prices, trading volume has remained steady, indicating continued interest in the market. Bitcoin faces strong resistance at $97,000, while the $95,500 level represents crucial support. The Relative Strength Index (RSI) remains near the neutral level, indicating balanced momentum. .

If Bitcoin records a rise above $97,000, this may indicate bullish activity, while any decline below $95,500 may lead to further declines.

Ethereum (ETH) price

Ethereum settled at $3,376.24, recording a decline of 1.64% over the past 24 hours and 0.44% during the week. Ethereum witnessed a similar trend to Bitcoin, with slight declines, as it attempted to surpass the previous resistance at $3,400, but selling pressure affected prices.

Continued activity in the Ethereum network, particularly in the areas of decentralized finance (DeFi) and non-fungible tokens (NFTs), has contributed to its relative resilience. Market data shows a slight weekly decline, suggesting a broader sentiment rather than any Ethereum-specific issues. Ethereum resistance remains At $3,400, while support is near $3,320, the MACD indicator is showing signs of weakening upward momentum, which could indicate a possible consolidation in the coming period.

Polkadot (DOT) Price:

Polkadot recorded a decline of 3.55% over the past 24 hours, reaching $6.98, and the coin had difficulty surpassing the $7.20 level this week, with a weekly decline of 1.66% indicating continued selling pressure.

Solana price (SOL):

Solana’s price saw a 2.72% decline, trading at $189.34. During the week, SOL posted a 2.92% loss, reflecting weak demand. Despite the innovative blockchain features, the asset faced downward momentum, similar to other altcoins.

Ripple Price (XRP):

Ripple traded at $2.17 after a 3.42% drop in 24 hours and a sharp 6.13% drop over the week. For long-term holders of the currency.

Shiba Inu (SHIB) price:

The Shiba Inu coin recorded a price of $0.00002169, down 2.43% over the past day. The weekly decline of 1.99% reflects the continued consolidation in the market, and SHIB’s performance remained linked to broader trends in meme coins, which showed higher volatility.