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Crypto Market Faces Key Rejections and Support Tests: Bitcoin, XRP, and Chainlink in Focus

  • Bitcoin faces rejection at $105,900, now near $103,800 with key support at $103,400 and $101,300.
  • XRP risks dropping to $2 with a potential Head and Shoulders pattern formation and critical support at $2.30.
  • Chainlink encounters resistance post-rally, eyes potential drop to $10 with a current rejection forming a lower high.
  • Overall, the crypto market is testing crucial levels, with the potential for short-term direction to be determined by support zones. Traders are advised to closely monitor the situation due to high volatility.

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