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BTC and XRP Price Analysis for October 11

Tue, 10/11/2022 - 13:30
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Denys Serhiichuk
Which altcoins can remain more powerful than Bitcoin (BTC)?
BTC and XRP Price Analysis for October 11
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Bears are giving no chances to bulls as the prices of most of the coins keep falling.

Top 10 coins by CoinMarketCap


The price of Bitcoin (BTC) has gone down by 1.25% over the last 24 hours.

BTC/USD chart by TradingView

From the technical point of view, the situation has not changed since yesterday as Bitcoin (BTC) keeps trading around the vital $19,000 mark. This level is crucial for bulls as, if they lose it, this could lead to a sharp decline to the next support at $18,000. In addition, the volume is low, which means that the main crypto is far from a possible bounceback.

Bitcoin is trading at $19,073 at press time.


XRP has lost much more than Bitcoin (BTC) with a price change of -6.39%.

XRP/USD chart by TradingView

Despite a sharp fall, XRP has not entered the midterm bearish zone as the rate is above the $0.44 mark.

Ethereum (ETH) Price Analysis for October 10

However, if buyers cannot seize the initiative soon and return the price above $0.50, one can expect a fast downward move within the next few days.

XRP is trading at $0.4873 at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at