XRP price extended losses and traded below $1.3650. The price is now 
consolidating losses but faces hurdles near $1.3550 and $1.380. XRP price 
started another decline and traded below the $1.3550 zone. The price is now 
trading below $1.3620 and the 100-hourly Simple Moving Average. There is a key 
bearish trend line forming with resistance at $1.3520 on the hourly chart of 
the XRP/USD pair (data source from Kraken). The pair could continue to move 
down if it stays below $1.380. XRP Price Extends Losses XRP price failed to 
stay above $1.3740 and extended its decline, like Bitcoin and Ethereum. The 
price declined below $1.3650 and $1.3550 to enter a short-term bearish zone. 
The price even extended losses below $1.3350. A low was formed at $1.3217, and 
the price is now consolidating losses below the 23.6% Fib retracement level of 
the downward move from the $1.4739 swing high to the $1.3217 low. The price is 
now trading below $1.3550 and the 100-hourly Simple Moving Average. If there 
is a fresh recovery move, the price might face resistance near the $1.3520 
level. There is also a key bearish trend line forming with resistance at 
$1.3520 on the hourly chart of the XRP/USD pair. The first major resistance is 
near the $1.380 level. The main resistance could be $1.3980 or the 50% Fib 
retracement level of the downward move from the $1.4739 swing high to the 
$1.3217 low. A close above $1.3980 could send the price to $1.420. The next 
hurdle sits at $1.4250. A clear move above the $1.4250 resistance might send 
the price toward the $1.450 resistance. Any more gains might send the price 
toward the $1.4750 resistance. The next major hurdle for the bulls might be 
near $1.50. Downside Break? If XRP fails to clear the $1.380 resistance zone, 
it could start a fresh decline. Initial support on the downside is near the 
$1.3365 level. The next major support is near the $1.3220 level. If there is a 
downside break and a close below the $1.3220 level, the price might continue 
to decline toward $1.3120. The next major support sits near the $1.3080 zone, 
below which the price could continue lower toward $1.30. Technical Indicators 
Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. 
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 
level. Major Support Levels – $1.3365 and $1.3220. Major Resistance Levels – 
$1.3800 and $1.3980.

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Ethereum price started a fresh decline below $2,000. ETH is now correcting 
gains above $1,920 and might decline further in the near term. Ethereum 
started a downside correction below the $2,020 zone. The price is trading 
below $2,000 and the 100-hourly Simple Moving Average. There was a break below 
a key bullish trend line with support at $2,020 on the hourly chart of ETH/USD 
(data feed via Kraken). The pair could start a fresh decline if it stays below 
the $2,000 zone. Ethereum Price Dips Further Ethereum price started a fresh 
decline after it failed to stay above $2,020, like Bitcoin. ETH price declined 
below $2,000 to enter a bearish zone. Besides, there was a break below a key 
bullish trend line with support at $2,020 on the hourly chart of ETH/USD. The 
pair even dipped below $1,920. A low was formed at $1,912, and the price is 
now consolidating losses below the 23.6% Fib retracement level of the downward 
move from the $2,200 swing high to the $1,912 low. Ethereum price is now 
trading below $1,980 and the 100-hourly Simple Moving Average. If the bulls 
remain in action above $1,920, the price could attempt another increase. 
Immediate resistance is seen near the $1,980 level. The first key resistance 
is near the $2,020 level. The next major resistance is near the $2,050 level 
or the 50% Fib retracement level of the downward move from the $2,200 swing 
high to the $1,912 low. A clear move above the $2,050 resistance might send 
the price toward the $2,120 resistance. An upside break above the $2,120 
region might call for more gains in the coming days. In the stated case, Ether 
could rise toward the $2,200 resistance zone or even $2,250 in the near term. 
More Losses In ETH? If Ethereum fails to clear the $2,020 resistance, it could 
start a fresh decline. Initial support on the downside is near the $1,920 
level. The first major support sits near the $1,880 zone. A clear move below 
the $1,880 support might push the price toward the $1,850 support. Any more 
losses might send the price toward the $1,810 region. The main support could 
be $1,750. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining 
momentum in the bearish zone. Hourly RSI &#8211; The RSI for ETH/USD is now below 
the 50 zone. Major Support Level – $1,920 Major Resistance Level – $2,020

Ethereum Price Extends Pullback, $1,920 Support Now Under Threat

Bitcoin price started a fresh decline below $68,500 and $68,000. BTC is now 
consolidating and might struggle to start a recovery wave above $68,500. 
Bitcoin started a fresh decline after it settled above the $69,500 zone. The 
price is trading below $68,000 and the 100 hourly simple moving average. There 
was a break below a major bullish trend line with support at $68,900 on the 
hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip 
again if it trades below the $65,500 and $65,000 levels. Bitcoin Price Starts 
Another Decline Bitcoin price failed to extend its increase above the $68,500 
zone. BTC started a fresh decline after it settled below the $68,000 support 
zone. The bears pushed the price below $67,500 and $67,200. Besides, there was 
a break below a major bullish trend line with support at $68,900 on the hourly 
chart of the BTC/USD pair. Finally, the price tested the $65,500 zone. A low 
was formed at $65,646, and the price is now consolidating losses. Bitcoin is 
now trading below $68,000 and the 100 hourly simple moving average. If the 
price remains stable above $65,500, it could attempt a fresh increase. 
Immediate resistance is near the $67,000 level. The first key resistance is 
near the $67,600 level and the 23.6% Fib retracement level of the downward 
move from the $74,062 swing high to the $65,646 low. A close above the $67,600 
resistance might send the price further higher. In the stated case, the price 
could rise and test the $68,800 resistance. Any more gains might send the 
price toward the $68,800 level. The next barrier for the bulls could be 
$69,850 or the 50% Fib retracement level of the downward move from the $74,062 
swing high to the $65,646 low. More Losses In BTC? If Bitcoin fails to rise 
above the $68,000 resistance zone, it could start another decline. Immediate 
support is near the $65,500 level. The first major support is near the $65,000 
level. The next support is now near the $63,500 zone. Any more losses might 
send the price toward the $62,000 support in the near term. The main support 
now sits at $61,200, below which BTC might struggle to recover in the near 
term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the 
bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is 
now below the 50 level. Major Support Levels – $65,500, followed by $65,000. 
Major Resistance Levels – $68,000 and $68,800.

Bitcoin Price Sinks Below $68K, Downside Targets Come Into Focus

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An on-chain data expert has identified a critical level that the Bitcoin price 
must not break, or it could be at risk of a significant downturn. Critical 
Levels For BTC Price: Alphractal CEO On Saturday, March 7, Alphractal founder 
and CEO Joao Wedson revealed on the social media platform X that the $63,700 
level is a crucial support level for the Bitcoin price. The crypto expert 
analyzed why this price level is critical to the long-term health of the 
flagship cryptocurrency and other relevant levels to watch. Related Reading: 
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on-chain evaluation is based on the Fibonacci-adjusted Market Mean Price, 
which represents the cost basis, on average, of all Bitcoin holders. This 
indicator shows BTC’s average cost basis, adjusted with specific Fibonacci 
ratios; it exhibits mathematical levels of extension or retracement around the 
BTC average holder’s cost. As observed in the chart above, $63,700 is the next 
most relevant level for the Bitcoin price, per the Fibonacci-adjusted Market 
Mean Price. Wedson noted that the premier cryptocurrency cannot afford to 
break below this key on-chain level, else its price risks embarking on a 
downward journey on the charts. According to the Alphractal founder, the 
Bitcoin price could fall to the immediate support cushion around $57,000 if it 
loses the crucial $63,700. However, there is a chance that the market leader 
could fall even further to the next Fibonacci-adjusted Market Mean Price 
around $52,400. In the case where Bitcoin price fails to hold above either of 
the aforementioned support levels, Wedson identified the $48,700 as the worst- 
case scenario. A drop to this support level would represent an almost 30% move 
from the current price point. Wedson noted in his post: It is important to 
note that these levels are dynamic and update daily, as they adjust according 
to investor behavior on the blockchain. Wedson appears to have identified the 
$48,700 as a possible bottom for the premier cryptocurrency in its current 
bearish phase. Bitcoin Price At A Glance As of this writing, BTC is valued at 
around $67,330, reflecting an over 1% price decline in the past 24 hours. With 
a sloppy performance so far in the first quarter of 2026, the market leader is 
down by nearly 50% from the current all-time high of around $126,080. Related 
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Crash Featured image by DALL-E, chart from TradingView

Bitcoin Price Must Not Drop Below $63,700, Analyst Warns

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Bitcoin Price Sinks Below $68K, Downside Targets Come Into Focus

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Bitcoin Price Sinks Below $68K, Downside Targets Come Into Focus