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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h293">BTC/USD</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h372">ETH/USD</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h498">XRP/USD</a></li></ul>
Advertisement
The past week was eventful for the cryptocurrency market. <a href="https://u.today/bitcoin-price-triples-in-2019-but-crypto-apps-see-zero-rise-in-downloads-bloomberg">Bitcoin</a> updated the highs of the previous months several times. The first update was on June 25; the second one occurred on the day after. As a result, the leading crypto reached $13,764. After achieving these highs the next day, Bitcoin fell by almost 20% to $10,388.
Thus, the <a rel="nofollow" target="_blank" href="#">market capitalization</a> of Bitcoin rose from $186.3 bln to $246.8 bln. At the time of writing, we are at the level of $197 bln.
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
Many people associate the growth of Bitcoin and the whole crypto market with the launch of the <a href="https://u.today/facebook-is-looking-for-managing-direction-with-central-banking-experience-to-supervise-libra">Libra cryptocurrency</a>, which was announced by Facebook. However, now, most of the coins are facing a correction against the US dollar, while all top assets are in the green zone in correlation to BTC.
BTC/USD
Despite the spectacular growth, which pushed the price to almost $14,000, a reasonable correction is taking place now. Currently, Bitcoin is following our <a href="https://u.today/bitcoin-price-continues-fighting-for-the-12000-mark-nearest-btcusd-price-targets-analysis">recent scenario</a>, and, if the downtrend continues, the rate might drop to the area of $10,000-$10,300, as we predicted before.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD/">BTC/USD chart by TradingView</a>
On the hourly time frame, <a href="https://u.today/bitcoin-may-collapse-soon-research-says">Bitcoin</a> is likely to locate in the yellow corridor trading in the range between $10,000 and $12,600. In addition, the trading volumes are far away from their peaks when BTC was almost $14,000. The lines of the <a rel="nofollow" target="_blank" href="#">MACD indicator</a> are neither going up no down, confirming our suggestions.
<a rel="nofollow" target="_blank" href="#">card</a>
Artur Dzhalilov, CEO at <a rel="nofollow" target="_blank" href="https://vexel.is/">Vexel</a>, has a similar point of view:
<blockquote>
We expect a flat in the $11000-$13500 corridor, a good time for short trading. When BTC reaches the $13500 price level again, we will be waiting for the next high at $15600.”
</blockquote>
<a href="https://u.today/bitcoin-shows-its-volatile-side-with-its-price-tanking-20-percent-altcoins-follow-suit">The price of BTC</a> is trading at $10,972 at the time of writing.
ETH/USD
Ethereum needs only $10 to reach $285 and justify <a rel="nofollow" target="_blank" href="#-eth-xrp-price-analysis-btc-is-facing-a-healthy-rollback-altcoins-are-updating-local-minimum">our forecast made a few days ago</a>. Even a record of achieving 1 mln transactions per day could stop the leading altcoin from a fall below $300.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD/">ETH/USD chart by TradingView</a>
On the 4-hour chart, <a href="https://u.today/ethereum-price-vying-to-hit-300-while-outperforming-other-major-altcoins">Ethereum</a> is following BTC’s price movements, showing a decline from June 26. However, one should not expect a dump to $250, as the RSI pattern is moving to the oversold zone. MACD is going downwards, suggesting a fall to around $270 shortly.
<a rel="nofollow" target="_blank" href="#">card</a>
The price of <a rel="nofollow" target="_blank" href="https://cryptocomes.com/wikicoin/best-cryptocurrency-to-invest-according-to-buy-picks">ETH is trading</a> at $295.68 at the time of writing.
XRP/USD
<a href="https://u.today/ripples-xrp-addresses-will-be-given-risk-score-to-comply-with-faft-requirements">Ripple</a> is the only coin out of the top 3 which has not followed our <a rel="nofollow" target="_blank" href="#-eth-xrp-price-analysis-btc-is-facing-a-healthy-rollback-altcoins-are-updating-local-minimum">earlier prediction</a>, and its quotes have dropped to the $0.40 mark. However, against the background of Bitcoin and Ethereum, Ripple is doing much better, showing only a 3% decline.
Even though <a href="https://u.today/ripple-xrp-price-market-divergence-increases-making-further-drop-possible">Ripple</a> is not decreasing as fast as other major coins, the current level is not the bottom. According to the 4-hour chart, <a rel="nofollow" target="_blank" href="#">XRP</a> is moving to the support zone and is about to reach it at $0.38. The RSI indicator confirms such movements, as its lines are located closer to the oversold area.
The price of XRP is trading at $0.4095 at the time of writing.
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Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
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Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
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Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
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Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
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Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h293">BTC/USD</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h372">ETH/USD</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h498">XRP/USD</a></li></ul>
Advertisement
The past week was eventful for the cryptocurrency market. <a href="https://u.today/bitcoin-price-triples-in-2019-but-crypto-apps-see-zero-rise-in-downloads-bloomberg">Bitcoin</a> updated the highs of the previous months several times. The first update was on June 25; the second one occurred on the day after. As a result, the leading crypto reached $13,764. After achieving these highs the next day, Bitcoin fell by almost 20% to $10,388.
Thus, the <a rel="nofollow" target="_blank" href="#">market capitalization</a> of Bitcoin rose from $186.3 bln to $246.8 bln. At the time of writing, we are at the level of $197 bln.
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
Many people associate the growth of Bitcoin and the whole crypto market with the launch of the <a href="https://u.today/facebook-is-looking-for-managing-direction-with-central-banking-experience-to-supervise-libra">Libra cryptocurrency</a>, which was announced by Facebook. However, now, most of the coins are facing a correction against the US dollar, while all top assets are in the green zone in correlation to BTC.
BTC/USD
Despite the spectacular growth, which pushed the price to almost $14,000, a reasonable correction is taking place now. Currently, Bitcoin is following our <a href="https://u.today/bitcoin-price-continues-fighting-for-the-12000-mark-nearest-btcusd-price-targets-analysis">recent scenario</a>, and, if the downtrend continues, the rate might drop to the area of $10,000-$10,300, as we predicted before.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD/">BTC/USD chart by TradingView</a>
On the hourly time frame, <a href="https://u.today/bitcoin-may-collapse-soon-research-says">Bitcoin</a> is likely to locate in the yellow corridor trading in the range between $10,000 and $12,600. In addition, the trading volumes are far away from their peaks when BTC was almost $14,000. The lines of the <a rel="nofollow" target="_blank" href="#">MACD indicator</a> are neither going up no down, confirming our suggestions.
<a rel="nofollow" target="_blank" href="#">card</a>
Artur Dzhalilov, CEO at <a rel="nofollow" target="_blank" href="https://vexel.is/">Vexel</a>, has a similar point of view:
<blockquote>
We expect a flat in the $11000-$13500 corridor, a good time for short trading. When BTC reaches the $13500 price level again, we will be waiting for the next high at $15600.”
</blockquote>
<a href="https://u.today/bitcoin-shows-its-volatile-side-with-its-price-tanking-20-percent-altcoins-follow-suit">The price of BTC</a> is trading at $10,972 at the time of writing.
ETH/USD
Ethereum needs only $10 to reach $285 and justify <a rel="nofollow" target="_blank" href="#-eth-xrp-price-analysis-btc-is-facing-a-healthy-rollback-altcoins-are-updating-local-minimum">our forecast made a few days ago</a>. Even a record of achieving 1 mln transactions per day could stop the leading altcoin from a fall below $300.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD/">ETH/USD chart by TradingView</a>
On the 4-hour chart, <a href="https://u.today/ethereum-price-vying-to-hit-300-while-outperforming-other-major-altcoins">Ethereum</a> is following BTC’s price movements, showing a decline from June 26. However, one should not expect a dump to $250, as the RSI pattern is moving to the oversold zone. MACD is going downwards, suggesting a fall to around $270 shortly.
<a rel="nofollow" target="_blank" href="#">card</a>
The price of <a rel="nofollow" target="_blank" href="https://cryptocomes.com/wikicoin/best-cryptocurrency-to-invest-according-to-buy-picks">ETH is trading</a> at $295.68 at the time of writing.
XRP/USD
<a href="https://u.today/ripples-xrp-addresses-will-be-given-risk-score-to-comply-with-faft-requirements">Ripple</a> is the only coin out of the top 3 which has not followed our <a rel="nofollow" target="_blank" href="#-eth-xrp-price-analysis-btc-is-facing-a-healthy-rollback-altcoins-are-updating-local-minimum">earlier prediction</a>, and its quotes have dropped to the $0.40 mark. However, against the background of Bitcoin and Ethereum, Ripple is doing much better, showing only a 3% decline.
Even though <a href="https://u.today/ripple-xrp-price-market-divergence-increases-making-further-drop-possible">Ripple</a> is not decreasing as fast as other major coins, the current level is not the bottom. According to the 4-hour chart, <a rel="nofollow" target="_blank" href="#">XRP</a> is moving to the support zone and is about to reach it at $0.38. The RSI indicator confirms such movements, as its lines are located closer to the oversold area.
The price of XRP is trading at $0.4095 at the time of writing.
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Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
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Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
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Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
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Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
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Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
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Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h293">BTC/USD</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h372">ETH/USD</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h498">XRP/USD</a></li></ul>
Advertisement
The past week was eventful for the cryptocurrency market. <a href="https://u.today/bitcoin-price-triples-in-2019-but-crypto-apps-see-zero-rise-in-downloads-bloomberg">Bitcoin</a> updated the highs of the previous months several times. The first update was on June 25; the second one occurred on the day after. As a result, the leading crypto reached $13,764. After achieving these highs the next day, Bitcoin fell by almost 20% to $10,388.
Thus, the <a rel="nofollow" target="_blank" href="#">market capitalization</a> of Bitcoin rose from $186.3 bln to $246.8 bln. At the time of writing, we are at the level of $197 bln.
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
Many people associate the growth of Bitcoin and the whole crypto market with the launch of the <a href="https://u.today/facebook-is-looking-for-managing-direction-with-central-banking-experience-to-supervise-libra">Libra cryptocurrency</a>, which was announced by Facebook. However, now, most of the coins are facing a correction against the US dollar, while all top assets are in the green zone in correlation to BTC.
BTC/USD
Despite the spectacular growth, which pushed the price to almost $14,000, a reasonable correction is taking place now. Currently, Bitcoin is following our <a href="https://u.today/bitcoin-price-continues-fighting-for-the-12000-mark-nearest-btcusd-price-targets-analysis">recent scenario</a>, and, if the downtrend continues, the rate might drop to the area of $10,000-$10,300, as we predicted before.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD/">BTC/USD chart by TradingView</a>
On the hourly time frame, <a href="https://u.today/bitcoin-may-collapse-soon-research-says">Bitcoin</a> is likely to locate in the yellow corridor trading in the range between $10,000 and $12,600. In addition, the trading volumes are far away from their peaks when BTC was almost $14,000. The lines of the <a rel="nofollow" target="_blank" href="#">MACD indicator</a> are neither going up no down, confirming our suggestions.
<a rel="nofollow" target="_blank" href="#">card</a>
Artur Dzhalilov, CEO at <a rel="nofollow" target="_blank" href="https://vexel.is/">Vexel</a>, has a similar point of view:
<blockquote>
We expect a flat in the $11000-$13500 corridor, a good time for short trading. When BTC reaches the $13500 price level again, we will be waiting for the next high at $15600.”
</blockquote>
<a href="https://u.today/bitcoin-shows-its-volatile-side-with-its-price-tanking-20-percent-altcoins-follow-suit">The price of BTC</a> is trading at $10,972 at the time of writing.
ETH/USD
Ethereum needs only $10 to reach $285 and justify <a rel="nofollow" target="_blank" href="#-eth-xrp-price-analysis-btc-is-facing-a-healthy-rollback-altcoins-are-updating-local-minimum">our forecast made a few days ago</a>. Even a record of achieving 1 mln transactions per day could stop the leading altcoin from a fall below $300.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD/">ETH/USD chart by TradingView</a>
On the 4-hour chart, <a href="https://u.today/ethereum-price-vying-to-hit-300-while-outperforming-other-major-altcoins">Ethereum</a> is following BTC’s price movements, showing a decline from June 26. However, one should not expect a dump to $250, as the RSI pattern is moving to the oversold zone. MACD is going downwards, suggesting a fall to around $270 shortly.
<a rel="nofollow" target="_blank" href="#">card</a>
The price of <a rel="nofollow" target="_blank" href="https://cryptocomes.com/wikicoin/best-cryptocurrency-to-invest-according-to-buy-picks">ETH is trading</a> at $295.68 at the time of writing.
XRP/USD
<a href="https://u.today/ripples-xrp-addresses-will-be-given-risk-score-to-comply-with-faft-requirements">Ripple</a> is the only coin out of the top 3 which has not followed our <a rel="nofollow" target="_blank" href="#-eth-xrp-price-analysis-btc-is-facing-a-healthy-rollback-altcoins-are-updating-local-minimum">earlier prediction</a>, and its quotes have dropped to the $0.40 mark. However, against the background of Bitcoin and Ethereum, Ripple is doing much better, showing only a 3% decline.
Even though <a href="https://u.today/ripple-xrp-price-market-divergence-increases-making-further-drop-possible">Ripple</a> is not decreasing as fast as other major coins, the current level is not the bottom. According to the 4-hour chart, <a rel="nofollow" target="_blank" href="#">XRP</a> is moving to the support zone and is about to reach it at $0.38. The RSI indicator confirms such movements, as its lines are located closer to the oversold area.
The price of XRP is trading at $0.4095 at the time of writing.
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Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
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twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
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Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
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call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
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Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
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Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h293">BTC/USD</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h372">ETH/USD</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h498">XRP/USD</a></li></ul>
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The past week was eventful for the cryptocurrency market. <a href="https://u.today/bitcoin-price-triples-in-2019-but-crypto-apps-see-zero-rise-in-downloads-bloomberg">Bitcoin</a> updated the highs of the previous months several times. The first update was on June 25; the second one occurred on the day after. As a result, the leading crypto reached $13,764. After achieving these highs the next day, Bitcoin fell by almost 20% to $10,388.
Thus, the <a rel="nofollow" target="_blank" href="#">market capitalization</a> of Bitcoin rose from $186.3 bln to $246.8 bln. At the time of writing, we are at the level of $197 bln.
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
Many people associate the growth of Bitcoin and the whole crypto market with the launch of the <a href="https://u.today/facebook-is-looking-for-managing-direction-with-central-banking-experience-to-supervise-libra">Libra cryptocurrency</a>, which was announced by Facebook. However, now, most of the coins are facing a correction against the US dollar, while all top assets are in the green zone in correlation to BTC.
BTC/USD
Despite the spectacular growth, which pushed the price to almost $14,000, a reasonable correction is taking place now. Currently, Bitcoin is following our <a href="https://u.today/bitcoin-price-continues-fighting-for-the-12000-mark-nearest-btcusd-price-targets-analysis">recent scenario</a>, and, if the downtrend continues, the rate might drop to the area of $10,000-$10,300, as we predicted before.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD/">BTC/USD chart by TradingView</a>
On the hourly time frame, <a href="https://u.today/bitcoin-may-collapse-soon-research-says">Bitcoin</a> is likely to locate in the yellow corridor trading in the range between $10,000 and $12,600. In addition, the trading volumes are far away from their peaks when BTC was almost $14,000. The lines of the <a rel="nofollow" target="_blank" href="#">MACD indicator</a> are neither going up no down, confirming our suggestions.
<a rel="nofollow" target="_blank" href="#">card</a>
Artur Dzhalilov, CEO at <a rel="nofollow" target="_blank" href="https://vexel.is/">Vexel</a>, has a similar point of view:
<blockquote>
We expect a flat in the $11000-$13500 corridor, a good time for short trading. When BTC reaches the $13500 price level again, we will be waiting for the next high at $15600.”
</blockquote>
<a href="https://u.today/bitcoin-shows-its-volatile-side-with-its-price-tanking-20-percent-altcoins-follow-suit">The price of BTC</a> is trading at $10,972 at the time of writing.
ETH/USD
Ethereum needs only $10 to reach $285 and justify <a rel="nofollow" target="_blank" href="#-eth-xrp-price-analysis-btc-is-facing-a-healthy-rollback-altcoins-are-updating-local-minimum">our forecast made a few days ago</a>. Even a record of achieving 1 mln transactions per day could stop the leading altcoin from a fall below $300.
<a rel="dofollow" href="https://www.tradingview.com/symbols/ETHUSD/">ETH/USD chart by TradingView</a>
On the 4-hour chart, <a href="https://u.today/ethereum-price-vying-to-hit-300-while-outperforming-other-major-altcoins">Ethereum</a> is following BTC’s price movements, showing a decline from June 26. However, one should not expect a dump to $250, as the RSI pattern is moving to the oversold zone. MACD is going downwards, suggesting a fall to around $270 shortly.
<a rel="nofollow" target="_blank" href="#">card</a>
The price of <a rel="nofollow" target="_blank" href="https://cryptocomes.com/wikicoin/best-cryptocurrency-to-invest-according-to-buy-picks">ETH is trading</a> at $295.68 at the time of writing.
XRP/USD
<a href="https://u.today/ripples-xrp-addresses-will-be-given-risk-score-to-comply-with-faft-requirements">Ripple</a> is the only coin out of the top 3 which has not followed our <a rel="nofollow" target="_blank" href="#-eth-xrp-price-analysis-btc-is-facing-a-healthy-rollback-altcoins-are-updating-local-minimum">earlier prediction</a>, and its quotes have dropped to the $0.40 mark. However, against the background of Bitcoin and Ethereum, Ripple is doing much better, showing only a 3% decline.
Even though <a href="https://u.today/ripple-xrp-price-market-divergence-increases-making-further-drop-possible">Ripple</a> is not decreasing as fast as other major coins, the current level is not the bottom. According to the 4-hour chart, <a rel="nofollow" target="_blank" href="#">XRP</a> is moving to the support zone and is about to reach it at $0.38. The RSI indicator confirms such movements, as its lines are located closer to the oversold area.
The price of XRP is trading at $0.4095 at the time of writing.
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