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Bears remain weaker than bulls, according to CoinStats.
BTC/USD
The rate of Bitcoin (BTC) has gone up by 0.17% over the past day.
On the daily chart, the price of BTC is closer to the resistance than to the support. However, one should focus on the bar's closure.
Denys SerhiichukIf it happens near the $92,000 mark or above and with no long wick, the accumulated energy might be enough for a test of the $93,483 level.
Bitcoin is trading at $90,634 at press time.
ETH/USD
The price of Ethereum (ETH) is unchanged since yesterday.
Unlike BTC, the rate of the chief altcoin is near the support of $3,028. If buyers cannot seize the initiative soon, one can expect a level breakout, followed by a test of the $3,000 mark.
Ethereum is trading at $3,095 at press time.
XRP/USD
XRP is the biggest gainer today, rising by 3.78%.
Despite today's growth, the price of XRP is far from the support level. Thus, the volume is low, which means buyers need more time to accumulate energy for a further move. In this regard, sideways trading in the range of $1.05-$1.20 is the more likely scenario.
XRP is trading at $1.1519 at press time.
Vladislav Sopov
Tomiwabold Olajide
Dan Burgin
Alex Dovbnya