BTC, ETH and XRP Price Analysis for March 20

Price Analysis
Sat, 03/20/2021 - 14:53
Cover image via www.tradingview.com
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Bulls keep dominating the market even on the weekend as the majority of the top 10 coins are in the green zone. Cardano (ADA) is the only exception to the rule, falling by 2%.

Top 10 coins by CoinMarketCap

The vital data for Bitcoin (BTC), Ethereum (ETH) and XRP:

Name

Ticker

Market Cap

Price 

Volume (24h)

Change (24h)

Bitcoin

BTC

$1,118,035,921,718 $59,775.08 $47,355,158,862 1.12%

Ethereum

ETH

$215,013,180,923 $1,863.19 $21,047,308,079 2.30%

XRP

XRP

$22,527,289,052 $0.4972 $3,569,174,619 4.56%

BTC/USD

Bitcoin (BTC) is growing the least from our list of coins. Its rate has gone up by only 1.12%.

BTC/USD chart by TradingView

Despite the slow growth, Bitcoin (BTC) has almost accumulated power for a continued rise.

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In this case, the first obstacle at which bulls may face resistance is the peak at $61,780.

Bitcoin is trading at $59,375 at press time.

ETH/USD

Ethereum (ETH) is looking more bullish than Bitcoin (BTC), as the price of the chief altcoin has increased by 2.30% since yesterday.

ETH/USD chart by TradingView

Ethereum is trading similarly to Bitcoin (BTC) and has accumulated enough strength for a price blast. If buyers can fix above $1,900, the restest of the high around $2,000 may be tested next week.

Ethereum is trading at $1,842 at press time.

XRP/USD

XRP is the top gainer today. The rate of the popular digital asset has rocketed by 4.56%.

XRP/USD chart by TradingView

XRP is about to break the $0.50 mark shortly, as the coin has not dropped much after a false breakout. Respectively, the growth may be continued to the nearest resistance around $0.57.

XRP is trading at $0.489 at press time.