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Seems high” – Elon Musk, in a tweet referring to Bitcoin and Ethereum has been putting pressure on the whole crypto-verse. Even without comments by the founder-billionaire of Tesla, profit-taking was due after BTC hit a valuation of $1 trillion and other cryptos went too far, too fast.To get more news about WikiFX, you can visit wikifx official website.

　　Another development that is weighing on cryptos is the announcement by Binance that it has temporarily suspended withdrawals due to “high network congestion.”

　　The third factor is a broader market sell-off affecting stocks and other assets. How are the top digital assets positioned on the technical charts？Bitcoin has some support at around $52,200, and then at around $48,500.

　　BTC/USD faces strong resistance at around $55,300, and to a lesser extent at $56,500.

ETH/USD capped twice
　　Ethereum has noteworthy support only at around $1,660.

　　ETH/USD faces resistance at $1,758, and then at $1,780 – two layers of resistance.

　　XRP/USD has strong support at around $0.5430, and then at $0.5185, amid many other shock absorbers.