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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('The new week has begun&nbsp;with a bullish mood on the cryptocurrency market;&nbsp;however, <a rel="nofollow" target="_blank" href="#-doge-and-shib-price-analysis-for-november-7">some coins</a> remain in the red zone. Bitcoin (BTC) is the biggest gainer, rising by 5.84% over the past 24 hours.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    BTC/USD
    
    Last Saturday, after a short-term consolidation, the Bitcoin (BTC) price tested the psychological support of $60,000, and by the end of last week, it had recovered to the $63,000&nbsp;area.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    This week began with explosive growth. Over the past night, the pair broke through the resistance of 100% fibo ($64,895). If the bulls can continue the run, then a&nbsp;daily high is possible in the area of <a href="https://u.today/eth-and-xrp-price-analysis-for-november-6">$68,100</a>.
    
    Bitcoin is trading at $65,500 at press time.
    
    ETH/USD
    
    On Saturday, the price of Ethereum (ETH) fell back to the support of the four-hour EMA55, and on Sunday, the pair fully recovered to the zone of the absolute maximum. The bulls continued their race tonight and reached the high of $4,740.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
    Overnight growth is not supported by large volumes.&nbsp;But in the first half of the day, it can still continue to the area of $4,810.
    
    <a rel="nofollow" target="_blank" href="#-ada-and-bnb-price-analysis-for-november-6">card</a>
    
    After updating the maximum, a rollback to the area of average prices is possible.
    
    Ethereum is trading at $4,716 at press time.
    
    XRP/USD
    
    Last weekend, the XRP price tested the $1.10&nbsp;support and recovered to the area of the monthly high.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
    The beginning of this week was marked by the renewal of the November maximum in the area of $1.296. It is likely that, today, the pair will&nbsp;be able to break through the target level of $1.30.
    
    XRP is trading at $1.24 at press time.
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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('The new week has begun&nbsp;with a bullish mood on the cryptocurrency market;&nbsp;however, <a rel="nofollow" target="_blank" href="#-doge-and-shib-price-analysis-for-november-7">some coins</a> remain in the red zone. Bitcoin (BTC) is the biggest gainer, rising by 5.84% over the past 24 hours.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    BTC/USD
    
    Last Saturday, after a short-term consolidation, the Bitcoin (BTC) price tested the psychological support of $60,000, and by the end of last week, it had recovered to the $63,000&nbsp;area.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    This week began with explosive growth. Over the past night, the pair broke through the resistance of 100% fibo ($64,895). If the bulls can continue the run, then a&nbsp;daily high is possible in the area of <a href="https://u.today/eth-and-xrp-price-analysis-for-november-6">$68,100</a>.
    
    Bitcoin is trading at $65,500 at press time.
    
    ETH/USD
    
    On Saturday, the price of Ethereum (ETH) fell back to the support of the four-hour EMA55, and on Sunday, the pair fully recovered to the zone of the absolute maximum. The bulls continued their race tonight and reached the high of $4,740.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
    Overnight growth is not supported by large volumes.&nbsp;But in the first half of the day, it can still continue to the area of $4,810.
    
    <a rel="nofollow" target="_blank" href="#-ada-and-bnb-price-analysis-for-november-6">card</a>
    
    After updating the maximum, a rollback to the area of average prices is possible.
    
    Ethereum is trading at $4,716 at press time.
    
    XRP/USD
    
    Last weekend, the XRP price tested the $1.10&nbsp;support and recovered to the area of the monthly high.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
    The beginning of this week was marked by the renewal of the November maximum in the area of $1.296. It is likely that, today, the pair will&nbsp;be able to break through the target level of $1.30.
    
    XRP is trading at $1.24 at press time.
    ') (Line: 1133)
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BTC, ETH and XRP Price Analysis for November 8

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Mon, 8/11/2021 - 15:51
BTC, ETH and XRP Price Analysis for November 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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The new week has begun with a bullish mood on the cryptocurrency market; however, some coins remain in the red zone. Bitcoin (BTC) is the biggest gainer, rising by 5.84% over the past 24 hours.

Advertisement
Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

Last Saturday, after a short-term consolidation, the Bitcoin (BTC) price tested the psychological support of $60,000, and by the end of last week, it had recovered to the $63,000 area.

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

This week began with explosive growth. Over the past night, the pair broke through the resistance of 100% fibo ($64,895). If the bulls can continue the run, then a daily high is possible in the area of $68,100.

Bitcoin is trading at $65,500 at press time.

ETH/USD

On Saturday, the price of Ethereum (ETH) fell back to the support of the four-hour EMA55, and on Sunday, the pair fully recovered to the zone of the absolute maximum. The bulls continued their race tonight and reached the high of $4,740.

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

Overnight growth is not supported by large volumes. But in the first half of the day, it can still continue to the area of $4,810.

card

After updating the maximum, a rollback to the area of average prices is possible.

Ethereum is trading at $4,716 at press time.

XRP/USD

Last weekend, the XRP price tested the $1.10 support and recovered to the area of the monthly high.

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

The beginning of this week was marked by the renewal of the November maximum in the area of $1.296. It is likely that, today, the pair will be able to break through the target level of $1.30.

XRP is trading at $1.24 at press time.

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