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BTC, ETH and XRP Price Analysis for July 18

Mon, 07/18/2022 - 15:50
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Denys Serhiichuk
Has market reached local peaks yet?
BTC, ETH and XRP Price Analysis for July 18
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The new week has started with the continued rise of the cryptocurrency market as all of the top 10 coins are in the green zone.

Top coins by CoinMarketCap


Bitcoin (BTC) is growing the least from the list today as the price has risen over the last 24 hours by 4.51%.

BTC/USD chart by TradingView

On the chart, Bitcoin (BTC) has approached the local resistance zone at $22,400. However, one needs to pay close attention to the daily closure. If the price fixes above the $22,000 mark, there are chances to see a further upward move.

Bitcoin is trading at $22,016 at press time.


Ethereum (ETH) is the biggest gainer from the list, rocketing by almost 30% since yesterday.

ETH/USD chart by TradingView

Ethereum (ETH) is trading similar to Bitcoin (BTC) as the price has reached the important $1,476 level. If nothing changes by the end of the day, the impulse may lead to the test of the $1,500 zone by the end of the week.

Ethereum is trading at $1,471 at press time.


XRP has followed the rise of other coins, growing by 12.38%.

XRP/USD chart by TradingView

XRP has fixed above the $0.35 area, which means that bulls keep controlling the situation on the market. However, buyers might need more energy for a further rise as the volume has declined. In this case, sideways trading near the $0.36 level is the more likely scenario until the end of the month.

XRP is trading at $0.3616 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