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BTC, ETH and XRP Price Analysis for March 11

Sat, 03/11/2023 - 14:49
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Denys Serhiichuk
When can traders expect market recovery?
BTC, ETH and XRP Price Analysis for March 11
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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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Neither bulls nor bears are dominating at the moment, according to CoinMarketCap's ranking.

Top coins by CoinMarketCap


The price of Bitcoin (BTC) has increased by 1.14% over the last 24 hours.

BTC/USD chart by TradingView

On the daily chart, the rate of Bitcoin (BTC) has once again made a false breakout of the support at $20,043. If buyers can hold the gained initiative, the rise may continue to the $20,500 mark. Such a scenario is relevant for next week.

Bitcoin is trading at $20,198 at press time.


Ethereum (ETH) has outperformed Bitcoin (BTC), going up by 2.91%.

ETH/USD chart by TradingView

The price of Ethereum (ETH) is trying to consolidate above the support at $1,408. However, it is too early to think about a quick reversal as the main altcoin has not accumulated enough power for that.

BTC, ETH and XRP Price Analysis for March 10

In this case, sideways trading in the range of $1,440-$1,480 is the more likely scenario for the upcoming days.

Ethereum is trading at $1,441 at press time.


XRP is the only coin on the list whose price is falling. Its rate has declined by 1.25% over the last 24 hours.

XRP/USD chart by TradingView

XRP is looking bearish as the price is near the support level of $0.36198. If the daily closure happens near that mark, traders can expect a sharp drop to the $0.35 zone. Decreasing volume confirms sellers' dominance.

XRP is trading at $0.3621 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