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    • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3183 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php). 
      Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('Bulls keep controlling the situation on the <a rel="nofollow" target="_blank" href="#-eth-and-dot-price-analysis-for-october-7">cryptocurrency market</a>. However, there are some exceptions to&nbsp;the rule. Mainly, Binance Coin (BNB) and Polkadot (DOT) are in the red zone.
    Advertisement
    
        
    
    
        
                
            
                                            

        
        
                
            
                                            

        
    

<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
BTC/USD

Yesterday morning, buyers could not overcome the resistance at the $55,288 level, and the price of Bitcoin rolled back to the support of $53,400. Selling pressure has so far been limited to orange support, but if the bears intensify the onslaught, the price may retrace to the psychological level of <a rel="nofollow" target="_blank" href="#-doge-and-shiba-price-analysis-for-october-6">$50,000</a>.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the other hand, if&nbsp;buyers overcome the resistance of the 78.6% Fibonacci level today, then the growth can continue to a new October high in the region of $58,000.

Bitcoin is trading at $54,063 at press time.

ETH/USD

Yesterday morning, buyers took advantage of the weak support at $3,500&nbsp;and started testing the strength of the resistance at $3,600. As a result, the Etereum (ETH) price marked a new maximum around the level of $3,654, but it has not yet been possible to gain a foothold above the level of $3,600.
<a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
If sellers increase the volume, then the pullback may reach the support at $3,400.

<a rel="nofollow" target="_blank" href="#-ada-and-bnb-price-analysis-for-october-5">card</a>

It is possible that the locomotive of the crypto market&nbsp;may continue to grow to a new monthly maximum.&nbsp;Then the price of Ethereum (ETH) could&nbsp;move up to the resistance in the region of $3,830.

Ethereum is trading at $3,645 at press time.

XRP/USD

Yesterday, sales volumes were below average, and the XRP/USD pair consolidated sideways, taking advantage of the support around $1.05.
<a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
Buyers showed little interest in the asset and, because of this, the XRP price significantly narrowed the range of consolidation. If today the positive sentiment on the market forces the price to leave the narrowing corridor, the pair may consolidate above the POC indicator line ($1.115).

XRP is trading at $1.07688 at press time.
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    Advertisement
    
        
    
    
        
                
            
                                            

        
        
                
            
                                            

        
    

<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
BTC/USD

Yesterday morning, buyers could not overcome the resistance at the $55,288 level, and the price of Bitcoin rolled back to the support of $53,400. Selling pressure has so far been limited to orange support, but if the bears intensify the onslaught, the price may retrace to the psychological level of <a rel="nofollow" target="_blank" href="#-doge-and-shiba-price-analysis-for-october-6">$50,000</a>.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the other hand, if&nbsp;buyers overcome the resistance of the 78.6% Fibonacci level today, then the growth can continue to a new October high in the region of $58,000.

Bitcoin is trading at $54,063 at press time.

ETH/USD

Yesterday morning, buyers took advantage of the weak support at $3,500&nbsp;and started testing the strength of the resistance at $3,600. As a result, the Etereum (ETH) price marked a new maximum around the level of $3,654, but it has not yet been possible to gain a foothold above the level of $3,600.
<a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
If sellers increase the volume, then the pullback may reach the support at $3,400.

<a rel="nofollow" target="_blank" href="#-ada-and-bnb-price-analysis-for-october-5">card</a>

It is possible that the locomotive of the crypto market&nbsp;may continue to grow to a new monthly maximum.&nbsp;Then the price of Ethereum (ETH) could&nbsp;move up to the resistance in the region of $3,830.

Ethereum is trading at $3,645 at press time.

XRP/USD

Yesterday, sales volumes were below average, and the XRP/USD pair consolidated sideways, taking advantage of the support around $1.05.
<a rel="dofollow" href="https://www.tradingview.com/symbols/XRPUSD">XRP/USD chart by TradingView</a>
Buyers showed little interest in the asset and, because of this, the XRP price significantly narrowed the range of consolidation. If today the positive sentiment on the market forces the price to leave the narrowing corridor, the pair may consolidate above the POC indicator line ($1.115).

XRP is trading at $1.07688 at press time.
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    Original U.Today article

    BTC, ETH and XRP Price Analysis for October 8

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    article image
    Denys Serhiichuk
    Can the top coins keep the ongoing rise going?
    Fri, 8/10/2021 - 15:35
    BTC, ETH and XRP Price Analysis for October 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.

    Read U.TODAY on
    Google News

    Bulls keep controlling the situation on the cryptocurrency market. However, there are some exceptions to the rule. Mainly, Binance Coin (BNB) and Polkadot (DOT) are in the red zone.

    Advertisement
    Top coins by CoinMarketCap
    Top coins by CoinMarketCap

    BTC/USD

    Yesterday morning, buyers could not overcome the resistance at the $55,288 level, and the price of Bitcoin rolled back to the support of $53,400. Selling pressure has so far been limited to orange support, but if the bears intensify the onslaught, the price may retrace to the psychological level of $50,000.

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

    On the other hand, if buyers overcome the resistance of the 78.6% Fibonacci level today, then the growth can continue to a new October high in the region of $58,000.

    Bitcoin is trading at $54,063 at press time.

    ETH/USD

    Yesterday morning, buyers took advantage of the weak support at $3,500 and started testing the strength of the resistance at $3,600. As a result, the Etereum (ETH) price marked a new maximum around the level of $3,654, but it has not yet been possible to gain a foothold above the level of $3,600.

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

    If sellers increase the volume, then the pullback may reach the support at $3,400.

    card

    It is possible that the locomotive of the crypto market may continue to grow to a new monthly maximum. Then the price of Ethereum (ETH) could move up to the resistance in the region of $3,830.

    Ethereum is trading at $3,645 at press time.

    XRP/USD

    Yesterday, sales volumes were below average, and the XRP/USD pair consolidated sideways, taking advantage of the support around $1.05.

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

    Buyers showed little interest in the asset and, because of this, the XRP price significantly narrowed the range of consolidation. If today the positive sentiment on the market forces the price to leave the narrowing corridor, the pair may consolidate above the POC indicator line ($1.115).

    XRP is trading at $1.07688 at press time.

    #Bitcoin Price Prediction #Ethereum Price Prediction #XRP Price Analysis
    About the author
    article image
    Denys Serhiichuk

    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 denys.serhiichuk@u.today.

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