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BTC, ETH and XRP Price Analysis for October 6

Thu, 10/06/2022 - 17:02
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Denys Serhiichuk
Which top coins can start growing faster than others?
BTC, ETH and XRP Price Analysis for October 6
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The bulls could come back to the game even though the day has started on a bearish note.

Top 10 coins by CoinMarketCap


The price of Bitcoin (BTC) has risen by 0.82% since yesterday.

BTC/USD chart by TradingView

Bitcoin (BTC) has once again bounced off the resistance level at $20,415. This mark is crucial for bulls as its breakout might generate a mid-term rise to the $21,000 mark.

Bitcoin is trading at $20,029 at press time.


Ethereum (ETH) is the biggest gainer from the list today, as the rate has risen by almost 3%.

ETH/USD chart by TradingView

Despite the rise, Ethereum (ETH) is far away from the resistance which means that the main altcoin needs more time to get more for the further move.

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In this case, the more likely scenario is the range of $1,350-$1,400.

Ethereum is trading at $1,365 at press time.


XRP is showing the same rise as Ethereum (ETH) according to the CoinMarketCap data.

XRP/USD chart by TradingView

At the moment, the $0.50 mark plays a huge role for XRP as its breakout can lead to a sharp rise to the nearest resistance level at $0.51967. Thus, the coin has accumulated enough power for such a move.

XRP is trading at $0.4971 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