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BTC, ETH and XRP Price Analysis for June 3

Sat, 06/03/2023 - 14:30
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Denys Serhiichuk
How long can rise of top coins last?
BTC, ETH and XRP Price Analysis for June 3
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Bulls remain powerful on the first day of the weekend as the rates of coins keep growing.

Top coins by CoinMarketCap

Top coins by CoinMarketCap


The price of Bitcoin (BTC) has almost remained the same since yesterday.

BTC/USD chart by TradingView

Image by TradingView

The rate of Bitcoin (BTC) keeps accumulating energy for a sharp move as neither bulls nor bears have seized the initiative yet. If buyers want to bring BTC back into the midterm bull run, they need to restore the price above the $28,000 mark.

DOGE Price Analysis for June 1

Only in that case is there a chance to see a test of $30,000.

Bitcoin is trading at $27,166 at press time.


Ethereum (ETH) has gained more than Bitcoin (BTC) today, rising by 0.65%.

ETH/USD chart by TradingView

Image by TradingView

At the moment, Ethereum (ETH) is fighting for the important zone of $1,900. If closure can happen above it, there is a high possibility to see a further upward move to the range of $1,950-$2,000. Such a scenario is relevant until mid-June.

Ethereum is trading at $1,902 at press time.


XRP has gained the most value, going up by 1.27%.

XRP/USD chart by TradingView

Image by TradingView

Despite today's rise, the price of XRP has made a false breakout of yesterday's peak at $0.5272. If buyers cannot seize the initiative, one can expect a correction to $0.51 soon.

XRP is trading at $0.5193 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