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BTC, ETH, and XRP Price Analysis for June 27

Price Predictions
Sun, 06/27/2021 - 14:25
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Denys Serhiichuk
Is it possible to see the end of the correction soon?
BTC, ETH, and XRP Price Analysis for June 27
Cover image via www.tradingview.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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The cryptocurrency market has come back to the green zone on the last day of the week.

Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) is the biggest gainer today as its rate has fallen by only 2% over the last week.

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

Bitcoin (BTC) has chances to continue the growth if bulls hold the important level of $30,000. Thus, there is a Gap in the zone of $32,200 on CME which means that there are small chances to see the price fall further.

Related
BTC, ETH, BNB, ADA and IOTA Price Analysis for June 26

Summing up, buyers may keep the growth to the zone around $37,000 if they seize the initiative.

Bitcoin is trading at $33,400 at press time.

ETH/USD

Ethereum (ETH) has the second biggest growth for a coin today as its price has increased by 3.71% over the last day.

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

Ethereum (ETH) might fall to the price action of Bitcoin (BTC) as it has also successfully bounced back to the support at $1,730 for the second time. At the moment, the nearest resistance is the level of $2,040 where bulls may reach at the end of the upcoming week. However, they have small chances to break it if the trading volume remains low.

Ethereum is trading at $1,851 at press time.

XRP/USD

XRP is the top loser from the list, rising by only 1.36% since yesterday.

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

XRP is located in the sideways trend with no clear bearish or bullish signals. In this case, there is a high possibility to expect the ongoing trading in the channel between $0.69 and $0.50 during the next week.

XRP is trading at $0.6137 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 denys.serhiichuk@u.today.