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Guavy AI Editorial TeamSentiment: -2Clout: 82

Crypto Price Update: Bitcoin Breaks Below Consolidation Range

Bitcoin, Ethereum, and Ripple's prices are trending downward on Monday, with BTC trading at $64,700, ETH at $1,864, and XRP at $1.38.

The Relative Strength Index (RSI) for all three cryptocurrencies shows bearish momentum gaining traction, indicating a potential deeper correction in the coming days.

Bitcoin's RSI reads 31, near oversold conditions, while Ethereum's RSI is also showing strong bearish momentum. The Moving Average Convergence Divergence (MACD) lines are converging for all three cryptocurrencies, suggesting indecision among traders.