Crypto Price Analysis, BTC, XRP, NEAR, INJ and HYPE, Nov. 6: Bitcoin Holds Its Prior Low, XRP falls as Momentum Weakens, NEAR Breaks Below Support and Injective Gains
Photo: The Crypto Basic
Bitcoin holds $75,625 at the close as NEAR breaks support and Injective gains. November 6 price analysis tracks BTC, XRP, NEAR, INJ and HYPE on daily charts. Bitcoin fell 5.55% on Thursday, more than reversing Wednesday’s 4.02% gain. The session high of $80,827.60 fell short of Wednesday’s $81,179.60. By the close, Bitcoin had also lost the $77,969.80 level it had recovered during the rally. Thursday’s Bitcoin analysis identified a daily close below $75,625 as the condition that would invalidate Wednesday’s reversal. Sellers pushed Bitcoin $525 beneath that level intraday, setting a 30-session low.
Source: The Crypto Basic
