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<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
BTC/USD

Bitcoin (BTC) has confirmed the bearish trend, falling by 6.63% over the past week.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the daily chart, Bitcoin (BTC) could not fix above the level of $32,190, which means that the ongoing decline is the more likely scenario at the moment.

<a rel="nofollow" target="_blank" href="#-eth-xrp-ada-and-bnb-price-analysis-for-july-16">card</a>

The last support before a potential sharp drop is the zone around $30,000.&nbsp;If bears break it, the price decrease may continue to $24,000.

Bitcoin is trading at $31,396 at press time.

ETH/USD

Ethereum (ETH) is looking worse than Bitcoin (BTC) as its price has gone down by 1.26% since yesterday.
<a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
Ethereum (ETH) is trading within the falling channel with no growing signals. The $1,730 level is the last one before the more profound decline to around $1,500. Thus, the selling trading volume is low, which means that there are few buyers who want to buy at the current rate.

Ethereum is trading at $1,867 at press time.

XRP/USD

XRP is the biggest loser from the list, going down by almost 3%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
XRP made a false breakout of the $0.70 mark, which means that sellers keep dominating the market. Buyers are showing no efforts to restore the price to at least $0.60. In this case, the decrease may continue to the nearest support at $0.505 where bulls may seize the initiative.

XRP is trading at $0.5794 at press time.
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<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
BTC/USD

Bitcoin (BTC) has confirmed the bearish trend, falling by 6.63% over the past week.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the daily chart, Bitcoin (BTC) could not fix above the level of $32,190, which means that the ongoing decline is the more likely scenario at the moment.

<a rel="nofollow" target="_blank" href="#-eth-xrp-ada-and-bnb-price-analysis-for-july-16">card</a>

The last support before a potential sharp drop is the zone around $30,000.&nbsp;If bears break it, the price decrease may continue to $24,000.

Bitcoin is trading at $31,396 at press time.

ETH/USD

Ethereum (ETH) is looking worse than Bitcoin (BTC) as its price has gone down by 1.26% since yesterday.
<a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
Ethereum (ETH) is trading within the falling channel with no growing signals. The $1,730 level is the last one before the more profound decline to around $1,500. Thus, the selling trading volume is low, which means that there are few buyers who want to buy at the current rate.

Ethereum is trading at $1,867 at press time.

XRP/USD

XRP is the biggest loser from the list, going down by almost 3%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
XRP made a false breakout of the $0.70 mark, which means that sellers keep dominating the market. Buyers are showing no efforts to restore the price to at least $0.60. In this case, the decrease may continue to the nearest support at $0.505 where bulls may seize the initiative.

XRP is trading at $0.5794 at press time.
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Original U.Today article

BTC, ETH and XRP Price Analysis for July 17

Sat, 07/17/2021 - 14:53
article image
Denys Serhiichuk
Can Bitcoin (BTC) fall slower than the other altcoins?
BTC, ETH and XRP Price Analysis for July 17
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.

Read U.TODAY on
Google News

The weekend has begun with ongoing bearish pressure as the majority of the coins remain red.

Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) has confirmed the bearish trend, falling by 6.63% over the past week.

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

On the daily chart, Bitcoin (BTC) could not fix above the level of $32,190, which means that the ongoing decline is the more likely scenario at the moment.

card

The last support before a potential sharp drop is the zone around $30,000. If bears break it, the price decrease may continue to $24,000.

Bitcoin is trading at $31,396 at press time.

ETH/USD

Ethereum (ETH) is looking worse than Bitcoin (BTC) as its price has gone down by 1.26% since yesterday.

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

Ethereum (ETH) is trading within the falling channel with no growing signals. The $1,730 level is the last one before the more profound decline to around $1,500. Thus, the selling trading volume is low, which means that there are few buyers who want to buy at the current rate.

Ethereum is trading at $1,867 at press time.

XRP/USD

XRP is the biggest loser from the list, going down by almost 3%.

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

XRP made a false breakout of the $0.70 mark, which means that sellers keep dominating the market. Buyers are showing no efforts to restore the price to at least $0.60. In this case, the decrease may continue to the nearest support at $0.505 where bulls may seize the initiative.

XRP is trading at $0.5794 at press time.

#Bitcoin Price Prediction #Ethereum Price Prediction #XRP Price Analysis
article image
About the author
Denys Serhiichuk

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 denys.serhiichuk@u.today.

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