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BTC, ETH and XRP Prediction for September 9

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Mon, 9/09/2024 - 15:55
BTC, ETH and XRP Prediction for September 9
Cover image via U.Today

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A new week has started with a continued market bounce back, according to CoinMarkeCap.

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Top coins by CoinMarketCap

BTC/USD

The rate of Bitcoin (BTC) has risen by 2.24% over the past day.

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Image by TradingView

Despite today's rise, the price of BTC is about to close far from its peak. If that happens, there are low chances of a further upward move. 

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In this case, sideways trading in the area of $54,000-$57,000 is the most likely scenario.

Bitcoin is trading at $55,278 at press time.

ETH/USD

Ethereum (ETH) is less of a gainer than BTC, going up by 0.89% since yesterday.

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Image by TradingView

From the technical point of view, the rate of ETH is looking bearish. If today's bar closes far from its peak, traders may witness a test of the $2,200 range soon.

Ethereum is trading at $2,291 at press time.

XRP/USD

The rate of XRP has risen by 1.08% over the past 24 hours.

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Image by TradingView

Today's slight rise has not affected the technical position of the coin on the chart. The volume remains low, which means ongoing consolidation in the zone of $0.51-$0.54 is the most likely scenario.

XRP is trading at $0.5285 at press time.

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