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.
The weekend has begun with the continued rise of most of the coins. However, XRP is the only crypto from the top 10 list that is located in the red zone.
The vital data for Bitcoin (BTC), Ethereum (ETH) and XRP:
|
Name |
Ticker |
Market Cap |
Price |
Volume (24h) |
Change (24h) |
|
Bitcoin |
BTC |
$1,065,545,840,103 | $57,331.86 | $65,529,332,909 | 9.10% |
|
Ethereum |
ETH |
$232,856,285,749 | $2,035.12 | $30,980,384,921 | 4.92% |
|
XRP |
XRP |
$25,719,010,264 | $0.5673 | $6,634,690,479 | -1.32% |
BTC/USD
Bitcoin (BTC) keeps setting new all-time highs, rising by 9% over the last day.
Even though the long-term trend remains bullish, there is a high chance of seeing a decline to the closest support at $56,400.
Such a statement is supported by the value of the RSI in the overbought zone.
Bitcoin is trading at $57,380 at press time.
ETH/USD
Ethereum (ETH) is showing less growth than Bitcoin (BTC) as the rate of the chief altcoin has gone up by 4.9%.
Ethereum (ETH) may also face a short-term drop before it continues its rise. The declining buying trading volume shows the weakness of bulls, which means that a retest of the area around $2,000 may occur next week.
Ethereum is trading at $2,029 at press time.
XRP/USD
XRP is the only crypto from the list that is in the red zone. The decline has accounted for 1.32% since yesterday.
Despite today's drop, XRP keeps looking bullish. The selling volume is low, which means that bears could not seize the initiative in the long-term projection. In this situation, the target is located at the level of $0.65.
XRP is trading at $0.5618 at press time.
Alex Dovbnya
Dan Burgin
Vladislav Sopov