This weekend, the situation has changed dramatically on the cryptocurrency market. All Top 10 coins are in the green zone, while Polkadot (DOT) is the main gainer today, rising by 4.47% since yesterday.
The crucial data on Bitcoin (BTC), Ethereum (ETH) and XRP for today:
|
Name |
Ticker |
Market Cap |
Price |
Volume (24h) |
Change (24h) |
|
Bitcoin |
BTC |
$257,281,344,851 | $13,884.29 | $33,032,487,994 | 4.06% |
|
Ethereum |
ETH |
$44,233,822,497 | $390.65 | $12,994,372,880 | 2.94% |
|
XRP |
XRP |
$10,985,551,972 | $0.242589 | $2,099,663,597 | 2.39% |
BTC/USD
Bitcoin (BTC) has set a new all-time high at the mark of $14,100. The leading crypto has renewed the peak reached in 2019.
On the daily chart, Bitcoin (BTC) is already overbought based on the RSI indicator. In addition, the trading volume is declining and the liquidity is also low, which means that there is a high chance of a correction to the closest support at $13,200 next week.
Bitcoin is trading at $13,881 at press time.
ETH/USD
Ethereum (ETH) is another gainer today. The rate of the main crypto has risen by 2.9% since yesterday while the price change over the last week has accounted for -5.41%.
Ethereum (ETH) is already facing a correction. The main altcoin is slowly approaching the next support at $360. There is a high chance that the level will be retested as a high concentration of liquidity is focused there. Such a scenario is relevant until mid-November.
Ethereum is trading at $392.65 at press time.
XRP/USD
XRP is the least gainer from our list today. The price of the altcoin has increased by only 2.39% over the previous 24 hours.
XRP has already entered the correction phase, which is confirmed by the MACD indicator located in the red zone. The long-term bullish scenario remains relevant until the rate of the coin is above the vital level of $0.21950. In case it is broken, bears will seize the initiative.
XRP is trading at $0.2431 at press time.
