Main navigation

BTC, ETH, XRP and AVAX Price Analysis for June 24

Advertisement
Fri, 24/06/2022 - 16:14
BTC, ETH, XRP and AVAX Price Analysis for June 24
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

The market keeps going up as all of the top 10 coins are in the green zone.

Article image
Top coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) is the least growing coin, rising by only 2.80%.

Article image
BTC/USD chart by TradingView

Despite the slight rise, Bitcoin (BTC) could not fix above the $21,000 zone. In addition, the volume remains low, which means that the leading crypto is not ready for continued growth. In this case, the more likely scenario is sideways trading around the $20,500 mark.

Bitcoin is trading at $20,851 at press time.

ETH/USD

Ethereum (ETH) is showing better performance than Bitcoin (BTC), going up by almost 10%.

Article image
ETH/USD chart by TradingView

Unlike Bitcoin (BTC), Ethereum (ETH) is approaching the $1,200 mark that is vital for bulls to attain for a futher upward move. If bulls manage to do that and the daily candle closes with no wicks, there are chances to see the test of the $1,300-$1,400 zone shortly.

Ethereum is trading at $1,198 at press time.

XRP/USD

XRP is the biggest gainer today, rocketing by 11.95% over the last 24 hours.

Article image
XRP/USD chart by TradingView

Desptie the sharp rise, XRP could not get to the $0.40 mark, which means that one can expect a slight correction before one more growth attempt. In this regard, a drop is possible to the mirror level at $0.3465.

XRP is trading at $0.3603 at press time.

AVAX/USD

Avalanche (AVAX) has followed the rise of XRP, going up by 11%.

Article image
AVAX/USD chart by TradingView

On the daily chart, AVAX is on the way to the important $20 mark. If nothing changes until the end of the day, traders might see the test of the resistance level at $21.35 within the next few days.

AVAX is trading at $19.26 at press time.

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD