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  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3111 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('Bears keep exerting pressure on the cryptocurrency market, with all&nbsp;coins from the <a rel="nofollow" target="_blank" href="#-sol-luna-shib-and-doge-price-analysis-for-december-5">top 10 list</a> being in the red zone.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    BTC/USD
    
    The price of Bitcoin (BTC) recovered above the $47,745 level, and&nbsp;fixed above it by the end of the week during&nbsp;sideways consolidation on Saturday. The upper border of the side channel was the resistance at the level of $49,800, which buyers could not test.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    If in the near future the 61.8% Fibonacci level can keep the pair from falling, then&nbsp;the BTC price can recover in the area of $53,400 at the beginning of the week.
    
    Bitcoin is trading at $48,728 at press time.
    
    ETH/USD
    
    Last Saturday, the Ethereum (ETH) price recovered above the psychological level of $4,000, and this recovery continued close to the level of $4,300. The local peak is indicated in the area of $4,258.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
    Until this morning, buyers have not yet had time to test the green resistance of $4,300.
    
    <a rel="nofollow" target="_blank" href="#-eth-xrp-ada-and-bnb-price-analysis-for-december-4">card</a>
    
    If at the beginning of this week the bulls manage to restore the pair above this green level, then one can expect an increase in the area of $4,500 in the second half of the week.
    
    Ethereum is trading at $4,085 at press time.
    
    XRP/USD
    
    Over the weekend, the XRP price recovered above the $0.80&nbsp;resistance and marked a local high at $0.864.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
    On Sunday, the pair could not hold in the high zone and rolled back to the blue level of $0.80, trying to find support there.
    
    <a rel="nofollow" target="_blank" href="#-shib-sol-luna-and-avax-price-analysis-for-december-3">card</a>
    
    The lateral consolidation of the pair right on the blue line continued until this morning. If it keeps the pair from falling today, then&nbsp;the recovery may continue to the area of $0.90 in the first half of the week.
    
    XRP is trading at $0.7833 at press time.
    ') (Line: 1133)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
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    Twig\Template->render(Array, Array) (Line: 40)
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    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
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    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
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    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
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    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
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    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
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    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
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    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
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  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3114 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('Bears keep exerting pressure on the cryptocurrency market, with all&nbsp;coins from the <a rel="nofollow" target="_blank" href="#-sol-luna-shib-and-doge-price-analysis-for-december-5">top 10 list</a> being in the red zone.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    BTC/USD
    
    The price of Bitcoin (BTC) recovered above the $47,745 level, and&nbsp;fixed above it by the end of the week during&nbsp;sideways consolidation on Saturday. The upper border of the side channel was the resistance at the level of $49,800, which buyers could not test.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    If in the near future the 61.8% Fibonacci level can keep the pair from falling, then&nbsp;the BTC price can recover in the area of $53,400 at the beginning of the week.
    
    Bitcoin is trading at $48,728 at press time.
    
    ETH/USD
    
    Last Saturday, the Ethereum (ETH) price recovered above the psychological level of $4,000, and this recovery continued close to the level of $4,300. The local peak is indicated in the area of $4,258.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
    Until this morning, buyers have not yet had time to test the green resistance of $4,300.
    
    <a rel="nofollow" target="_blank" href="#-eth-xrp-ada-and-bnb-price-analysis-for-december-4">card</a>
    
    If at the beginning of this week the bulls manage to restore the pair above this green level, then one can expect an increase in the area of $4,500 in the second half of the week.
    
    Ethereum is trading at $4,085 at press time.
    
    XRP/USD
    
    Over the weekend, the XRP price recovered above the $0.80&nbsp;resistance and marked a local high at $0.864.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
    On Sunday, the pair could not hold in the high zone and rolled back to the blue level of $0.80, trying to find support there.
    
    <a rel="nofollow" target="_blank" href="#-shib-sol-luna-and-avax-price-analysis-for-december-3">card</a>
    
    The lateral consolidation of the pair right on the blue line continued until this morning. If it keeps the pair from falling today, then&nbsp;the recovery may continue to the area of $0.90 in the first half of the week.
    
    XRP is trading at $0.7833 at press time.
    ') (Line: 1133)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
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    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
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    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
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    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
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  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3111 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('Bears keep exerting pressure on the cryptocurrency market, with all&nbsp;coins from the <a rel="nofollow" target="_blank" href="#-sol-luna-shib-and-doge-price-analysis-for-december-5">top 10 list</a> being in the red zone.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    BTC/USD
    
    The price of Bitcoin (BTC) recovered above the $47,745 level, and&nbsp;fixed above it by the end of the week during&nbsp;sideways consolidation on Saturday. The upper border of the side channel was the resistance at the level of $49,800, which buyers could not test.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    If in the near future the 61.8% Fibonacci level can keep the pair from falling, then&nbsp;the BTC price can recover in the area of $53,400 at the beginning of the week.
    
    Bitcoin is trading at $48,728 at press time.
    
    ETH/USD
    
    Last Saturday, the Ethereum (ETH) price recovered above the psychological level of $4,000, and this recovery continued close to the level of $4,300. The local peak is indicated in the area of $4,258.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
    Until this morning, buyers have not yet had time to test the green resistance of $4,300.
    
    <a rel="nofollow" target="_blank" href="#-eth-xrp-ada-and-bnb-price-analysis-for-december-4">card</a>
    
    If at the beginning of this week the bulls manage to restore the pair above this green level, then one can expect an increase in the area of $4,500 in the second half of the week.
    
    Ethereum is trading at $4,085 at press time.
    
    XRP/USD
    
    Over the weekend, the XRP price recovered above the $0.80&nbsp;resistance and marked a local high at $0.864.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
    On Sunday, the pair could not hold in the high zone and rolled back to the blue level of $0.80, trying to find support there.
    
    <a rel="nofollow" target="_blank" href="#-shib-sol-luna-and-avax-price-analysis-for-december-3">card</a>
    
    The lateral consolidation of the pair right on the blue line continued until this morning. If it keeps the pair from falling today, then&nbsp;the recovery may continue to the area of $0.90 in the first half of the week.
    
    XRP is trading at $0.7833 at press time.
    ') (Line: 1133)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
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    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
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    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
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  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3114 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('Bears keep exerting pressure on the cryptocurrency market, with all&nbsp;coins from the <a rel="nofollow" target="_blank" href="#-sol-luna-shib-and-doge-price-analysis-for-december-5">top 10 list</a> being in the red zone.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    BTC/USD
    
    The price of Bitcoin (BTC) recovered above the $47,745 level, and&nbsp;fixed above it by the end of the week during&nbsp;sideways consolidation on Saturday. The upper border of the side channel was the resistance at the level of $49,800, which buyers could not test.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    If in the near future the 61.8% Fibonacci level can keep the pair from falling, then&nbsp;the BTC price can recover in the area of $53,400 at the beginning of the week.
    
    Bitcoin is trading at $48,728 at press time.
    
    ETH/USD
    
    Last Saturday, the Ethereum (ETH) price recovered above the psychological level of $4,000, and this recovery continued close to the level of $4,300. The local peak is indicated in the area of $4,258.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
    Until this morning, buyers have not yet had time to test the green resistance of $4,300.
    
    <a rel="nofollow" target="_blank" href="#-eth-xrp-ada-and-bnb-price-analysis-for-december-4">card</a>
    
    If at the beginning of this week the bulls manage to restore the pair above this green level, then one can expect an increase in the area of $4,500 in the second half of the week.
    
    Ethereum is trading at $4,085 at press time.
    
    XRP/USD
    
    Over the weekend, the XRP price recovered above the $0.80&nbsp;resistance and marked a local high at $0.864.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
    On Sunday, the pair could not hold in the high zone and rolled back to the blue level of $0.80, trying to find support there.
    
    <a rel="nofollow" target="_blank" href="#-shib-sol-luna-and-avax-price-analysis-for-december-3">card</a>
    
    The lateral consolidation of the pair right on the blue line continued until this morning. If it keeps the pair from falling today, then&nbsp;the recovery may continue to the area of $0.90 in the first half of the week.
    
    XRP is trading at $0.7833 at press time.
    ') (Line: 1133)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
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    Twig\Template->render(Array, Array) (Line: 40)
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    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
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    Twig\Template->render(Array, Array) (Line: 40)
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    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
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    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
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    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
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    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
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    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    

BTC, ETH, and XRP Price Analysis for December 6

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Mon, 6/12/2021 - 16:57
BTC, ETH, and XRP Price Analysis for December 6
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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Bears keep exerting pressure on the cryptocurrency market, with all coins from the top 10 list being in the red zone.

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Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

The price of Bitcoin (BTC) recovered above the $47,745 level, and fixed above it by the end of the week during sideways consolidation on Saturday. The upper border of the side channel was the resistance at the level of $49,800, which buyers could not test.

BTC/USD chart by TradingView
BTC/USD chart by TradingView

If in the near future the 61.8% Fibonacci level can keep the pair from falling, then the BTC price can recover in the area of $53,400 at the beginning of the week.

Bitcoin is trading at $48,728 at press time.

ETH/USD

Last Saturday, the Ethereum (ETH) price recovered above the psychological level of $4,000, and this recovery continued close to the level of $4,300. The local peak is indicated in the area of $4,258.

ETH/USD chart by TradingView
ETH/USD chart by TradingView

Until this morning, buyers have not yet had time to test the green resistance of $4,300.

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If at the beginning of this week the bulls manage to restore the pair above this green level, then one can expect an increase in the area of $4,500 in the second half of the week.

Ethereum is trading at $4,085 at press time.

XRP/USD

Over the weekend, the XRP price recovered above the $0.80 resistance and marked a local high at $0.864.

XRP/USD chart by TradingView
XRP/USD chart by TradingView

On Sunday, the pair could not hold in the high zone and rolled back to the blue level of $0.80, trying to find support there.

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The lateral consolidation of the pair right on the blue line continued until this morning. If it keeps the pair from falling today, then the recovery may continue to the area of $0.90 in the first half of the week.

XRP is trading at $0.7833 at press time.

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