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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('Despite the growth, some coins have entered the correction phase. Mainly, Polkadot (DOT) is the main loser among the top 10 coins.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
    The main statistics for&nbsp;Bitcoin (BTC), Ethereum (ETH)&nbsp;and XRP:
    
    
    	
    		
    		
    		
    		
    		
    		
    	
    	
    		
    			
    			Name
    			
    			
    			Ticker
    			
    			
    			Market Cap
    			
    			
    			Price&nbsp;
    			
    			
    			Volume (24h)
    			
    			
    			Change (24h)
    			
    		
    		
    			
    			Bitcoin
    			
    			
    			BTC
    			
    			$938,274,325,054
    			$50,739.65
    			$45,370,128,691
    			0.55%
    		
    		
    			
    			Ethereum
    			
    			
    			ETH
    			
    			$196,855,394,487
    			$1,726.95
    			$25,958,320,831
    			3.87%
    		
    		
    			
    			XRP
    			
    			
    			XRP
    			
    			$21,399,877,714
    			$0.4743
    			$3,204,772,959
    			2%
    		
    	
    
    
    BTC/USD
    
    By the beginning of this week, the&nbsp;price of Bitcoin (BTC) managed to recover above the $50,000&nbsp;mark and is now trying to stay above this psychologically important&nbsp;level.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    Bulls set a weekly high at $51,835 tonight, but sellers responded with pressure, keeping the pair in the area of $50,500. If the pressure increases, a retest of the two-hour EMA55 is possible.
    
    <a rel="nofollow" target="_blank" href="#-ada-eos-and-xtz-price-analysis-for-march-7">card</a>
    
    If buyers are able to repeat the bullish momentum, perhaps tonight, then the recovery will continue to the resistance area of $52,000.
    
    Bitcoin is trading at $50,850 at press time.
    
    ETH/USD
    
    Over the weekend, buyers found support in the mid-price area and retraced the pair to the resistance of $1,700. The bullish momentum broke through this resistance level tonight and, on the first day of the week, it already managed to mark the March high around the $1,757 mark.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD">ETH/USD chart by TradingView</a>
    The sellers have built up their defenses at the $1,750&nbsp;line, so buyers cannot continue the recovery at medium volumes. If the volume of purchases increases, the price will reach the resistance of $1,800. If the bears push the pair below $1,700, then the Ether price will roll back to the two-hour EMA55.
    
    Ethereum is trading at $1,732 at press time.
    
    XRP/USD
    
    At the end of last week, XRP trading volumes remained low. The XRP price consolidated above the 4H&nbsp;EMA55 level, and the pair spent the rest of the week in a narrow sideways range in the area of $0.465.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
    Since large investors are stalling for time while they refuse to participate in trading using this instrument, the volatility of the pair will be quite low. At the same time, the positive recovery dynamics of the crypto market this week will give the XRP price an opportunity to test the psychological $0.50&nbsp;mark.
    
    XRP is trading at $0.47 at press time.
    
    
    &nbsp;
    
    ') (Line: 1145)
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    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
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    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
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    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    
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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('Despite the growth, some coins have entered the correction phase. Mainly, Polkadot (DOT) is the main loser among the&nbsp;top 10 coins.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
    The main statistics for&nbsp;Bitcoin (BTC), Ethereum (ETH)&nbsp;and XRP:
    
    
    	
    		
    		
    		
    		
    		
    		
    	
    	
    		
    			
    			Name
    			
    			
    			Ticker
    			
    			
    			Market Cap
    			
    			
    			Price&nbsp;
    			
    			
    			Volume (24h)
    			
    			
    			Change (24h)
    			
    		
    		
    			
    			Bitcoin
    			
    			
    			BTC
    			
    			$938,274,325,054
    			$50,739.65
    			$45,370,128,691
    			0.55%
    		
    		
    			
    			Ethereum
    			
    			
    			ETH
    			
    			$196,855,394,487
    			$1,726.95
    			$25,958,320,831
    			3.87%
    		
    		
    			
    			XRP
    			
    			
    			XRP
    			
    			$21,399,877,714
    			$0.4743
    			$3,204,772,959
    			2%
    		
    	
    
    
    BTC/USD
    
    By the beginning of this week, the&nbsp;price of Bitcoin (BTC) managed to recover above the $50,000&nbsp;mark and is now trying to stay above this psychologically important&nbsp;level.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    Bulls set a weekly high at $51,835 tonight, but sellers responded with pressure, keeping the pair in the area of $50,500. If the pressure increases, a retest of the two-hour EMA55 is possible.
    
    <a rel="nofollow" target="_blank" href="#-ada-eos-and-xtz-price-analysis-for-march-7">card</a>
    
    If buyers are able to repeat the bullish momentum, perhaps tonight, then the recovery will continue to the resistance area of $52,000.
    
    Bitcoin is trading at $50,850 at press time.
    
    ETH/USD
    
    Over the weekend, buyers found support in the mid-price area and retraced the pair to the resistance of $1,700. The bullish momentum broke through this resistance level tonight and, on the first day of the week, it already managed to mark the March high around the $1,757 mark.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD">ETH/USD chart by TradingView</a>
    The sellers have built up their defenses at the $1,750&nbsp;line, so buyers cannot continue the recovery at medium volumes. If the volume of purchases increases, the price will reach the resistance of $1,800. If the bears push the pair below $1,700, then the Ether price will roll back to the two-hour EMA55.
    
    Ethereum is trading at $1,732 at press time.
    
    XRP/USD
    
    At the end of last week, XRP trading volumes remained low. The XRP price consolidated above the 4H&nbsp;EMA55 level, and the pair spent the rest of the week in a narrow sideways range in the area of $0.465.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
    Since large investors are stalling for time while they refuse to participate in trading using this instrument, the volatility of the pair will be quite low. At the same time, the positive recovery dynamics of the crypto market this week will give the XRP price an opportunity to test the psychological $0.50&nbsp;mark.
    
    XRP is trading at $0.47 at press time.
    
    
    &nbsp;
    
    ') (Line: 1145)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
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    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
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    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    

BTC, ETH and XRP Price Analysis for March 8

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Mon, 8/03/2021 - 14:22
BTC, ETH and XRP Price Analysis for March 8
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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Google News

Despite the growth, some coins have entered the correction phase. Mainly, Polkadot (DOT) is the main loser among the top 10 coins.

Advertisement
Top 10 coins by CoinMarketCap
Top 10 coins by CoinMarketCap

The main statistics for Bitcoin (BTC), Ethereum (ETH) and XRP:

Name

Ticker

Market Cap

Price 

Volume (24h)

Change (24h)

Bitcoin

BTC

$938,274,325,054 $50,739.65 $45,370,128,691 0.55%

Ethereum

ETH

$196,855,394,487 $1,726.95 $25,958,320,831 3.87%

XRP

XRP

$21,399,877,714 $0.4743 $3,204,772,959 2%

BTC/USD

By the beginning of this week, the price of Bitcoin (BTC) managed to recover above the $50,000 mark and is now trying to stay above this psychologically important level.

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

Bulls set a weekly high at $51,835 tonight, but sellers responded with pressure, keeping the pair in the area of $50,500. If the pressure increases, a retest of the two-hour EMA55 is possible.

card

If buyers are able to repeat the bullish momentum, perhaps tonight, then the recovery will continue to the resistance area of $52,000.

Bitcoin is trading at $50,850 at press time.

ETH/USD

Over the weekend, buyers found support in the mid-price area and retraced the pair to the resistance of $1,700. The bullish momentum broke through this resistance level tonight and, on the first day of the week, it already managed to mark the March high around the $1,757 mark.

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

The sellers have built up their defenses at the $1,750 line, so buyers cannot continue the recovery at medium volumes. If the volume of purchases increases, the price will reach the resistance of $1,800. If the bears push the pair below $1,700, then the Ether price will roll back to the two-hour EMA55.

Ethereum is trading at $1,732 at press time.

XRP/USD

At the end of last week, XRP trading volumes remained low. The XRP price consolidated above the 4H EMA55 level, and the pair spent the rest of the week in a narrow sideways range in the area of $0.465.

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

Since large investors are stalling for time while they refuse to participate in trading using this instrument, the volatility of the pair will be quite low. At the same time, the positive recovery dynamics of the crypto market this week will give the XRP price an opportunity to test the psychological $0.50 mark.

XRP is trading at $0.47 at press time.

 
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