​​ MARKET WATCH — 16.06.2021 Bitcoin Prepares for Next Move, | Best Crypto Traders Official

​​ MARKET WATCH — 16.06.2021

Bitcoin Prepares for Next Move, Ethereum and Altcoins Correct Lower

BTC: $40,406.02 (+0.11%)
ETH: $2,534.89 (-3.17%)
BNB: $365.46 (+2.81%)
LTC: $174.77 (-2.90%)
DOGE: $0.3181 (+3.15%)
XRP: $0.8704 (-2.88%)

Bitcoin (BTC) struggled on two occasions to gain pace above USD 42,000 and recently corrected lower. The price is now consolidating near USD 40,400.
Ethereum (ETH) failed to stay above the USD 2,600 level and it struggled near USD 2,650. ETH started a downside correction below the USD 2,600 and USD 2,550 levels. It is now testing the USD 2,500 level.
Binance Coin (BNB) failed to surpass the USD 380 resistance level. BNB is correcting gains and it could soon test the USD 365 support.
Litecoin (LTC) is struggling to clear the USD 180 resistance zone. It is consolidating above USD 165, below which there is a risk of a drop towards the USD 150 level.
Dogecoin (DOGE) is stuck below the USD 0.335 resistance level. If there is a clear break above USD 0.335, the price could test the next major resistance at USD 0.350.
Ripple (XRP) spiked higher towards the USD 0.90 resistance zone. It failed to clear USD 0.90 and corrected lower. XRP is now trading above USD 0.85.

Several altcoins declined over 5%, including ICP, KSM, TFUEL, NANO, DOT, BAKE, FIL, ZIL, NEXO, SUSHI, and FTM. Conversely, RUNE, GRT, AMP, and SHIB are up by 6%-24%.