Bitcoin and ETH Resume Downtrend, AVAX At Risk of Sharp Drop – FX Empire

After facing a strong selling interest, bitcoin price started a fresh decline from the $43,000 zone.

There was a break below a key bullish trend line with support near $41,900 on the hourly chart.

Ether declined below a major bullish trend line with support near $3,020 on the hourly chart.

A downside break below the $2,930 support could push the price lower towards $2,840.

AVAX is now attempting a close below a crucial bullish trend line with support near $75 on the daily chart.

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