CryptoComes Original Article
The situation on the cryptocurrency market has slightly improved as most of the coins are now located in the green zone and only a few remain under bearish influence.
The vital data on Bitcoin (BTC), Ethereum (ETH) and XRP for today:
|
Name |
Ticker |
Market Cap |
Price |
Volume (24h) |
Change (24h) |
|
Bitcoin |
BTC |
$194,372,224,465 | $10,507.97 | $23,041,680,878 | 0.37% |
|
Ethereum |
ETH |
$38,416,584,121 | $340.81 | $12,745,799,895 | 0.06% |
|
XRP |
XRP |
$10,538,597,143 | $0.233685 | $1,501,141,021 | 0.76% |
BTC/USD
Yesterday, trading was held at medium volumes, and the price of Bitcoin (BTC) was held in a narrow consolidation below the level of $10,500.
During the day, the pair managed to break through the resistance of $10,500 several times and, late at night, the price set a local maximum around $10,570.
Now the BTC/USD pair is trying to continue consolidation above the strategic level of $10,500. This strategy of the bulls has not yet earned support from other market participants, and therefore one does not see large volumes of purchases. The forecast of a possible price reduction below the psychological mark of $10,000 is still relevant.
Bitcoin is trading at $10,511 at press time.
ETH/USD
Yesterday, the Ethereum (ETH) price stopped its decline and remained in the sideways consolidation in the area of $340. If buyers manage to continue the recovery today, their efforts will be limited to the 2H EMA55.
If the bears resume pressure, then the price may break through the support of $320 and update the monthly minimum around the psychological mark of $300.
Ethereum is trading at $341.67 at press time.
XRP/USD
There was no strong pressure from the bears yesterday, and the XRP price managed to consolidate sideways above the $0.230 level.
If buyers try to restore the pair today, the price might test the two-hour EMA55, but bulls are unlikely to continue to rise above the average price level. The increase in sales volumes will break the $0.230 support and may lead to new September lows around the $0.213 mark.
XRP is trading at $0.2341 at press time.
