Ethereum, XRP, and Litecoin could be bound for a steeper decline

Ethereum, XRP, and Litecoin could be bound for a steeper decline | CryptoSlate

Although a correction seems imminent, Ethereum is contained within a reasonable no-trade zone. This area is defined by the 50 and 100-three-day moving averages, which are serving as support and resistance, respectively. Closing below the support level could validate the bearish signal presented by the TD sequential indicator triggering a steep correction.