U.Today is supported by its audience. When you buy through referral links, we may earn a commission.

TOP 3 Price Predictions: BTC, ETH, XRP — Waiting for the Сontinuation of the Rising Market

Price Predictions
Wed, 02/19/2020 - 15:58
Denys Serhiichuk
Is it too late to but Bitcoin (BTC), Ethereum (ETH), and XRP before a deep correction starts?
Cover image via www.tradingview.com
Contents
Put your crypto to work
10
BTC
  • $68.96

    Interest per week

  • $3585.7

    Interest per year

  • 4.15%

    Interest rate

Join Now!

There is a rebound on the cryptocurrency market after a decline at the end of last week. The main indicator of the market since Monday added 4.9% and its value at the moment is $295 Bln.

Top 10 coins by Coinstats

Here is the key parameters of Bitcoin (BTC), Ethereum (ETH), and XRP.

Name

Ticker

Market Cap

Price 

Volume (24h)

Change (24h)

Bitcoin

BTC

$184 341 794 526

$10 114,30

$48 931 836 328

4,09%

Ethereum

ETH

$30 685 444 074

$279,56

$25 677 769 988

5,10%

XRP

XRP

$12 860 231 986

$0,294050

$3 568 397 646

2,77%

BTC/USD

Our yesterday price prediction is already justifying itself as Bitcoin (BTC) has already surpassed and fix above the $10,000 mark.

BTC/USD chart by TradingView

Bitcoin (BTC) tested resistance area that is going to play a major role for upcoming days. Closing above that area and one can easily see an attempt for $11,000 and main resistance $11,500.

Related
Bitcoin (BTC) Halving Is Not Priced In, Says Lolli CEO Alex Adelman

Weekly support $9,600 held one more time and the main coin is in the range between $9,600 and $10,200. Once one of these two areas give up, Bitcoin (BTC) will get a new trend either to $8,500-$8,800 or $11,000-$11,500.

Bitcoin is trading at $10,126 at press time.

ETH/USD

Ethereum (ETH) is showing much better price dynamics than Bitcoin (BTC). The rate of the chief altcoin has increased by more than 5% over the last 24 hours.

ETH/USD chart by TradingView

Ethereum (ETH) has finished thecorrection wave and moving towards $300. It is confirmed by the high trading volume and the absence of sellers that might start the more profoundly decline. In terms of the long-term scenario, the bullish trend will remain but after a drop from $300.

Ethereum is trading at $279.93 at press time.

XRP/USD

XRP is the least gainer from our list. The rate of the third most popular crypto has risen by 2.80% over the last day.

XRP/USD chart by TradingView

XRP is trading similarly to Ethereum (ETH) as it has also finished its short-term correction. As the more likely scenario, the coin is about to make a retest to the zone at $0.30. Thus, the lines of the MACD indicator are moving up. All in all, the bullish trend remains relevant for the third most popular coin.

XRP is trading at $0.2945 at press time.

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 make predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing & ICO Advisory, ATB Coin, and others.

Recommended articles
Top 10 Best Cloud Mining Sites in 2020
TOP 20 Best Bitcoin Trading Bots in 2020
TOP 3 Price Predictions: BTC, ETH, XRP — Uncertainty Before Sharp Movement
Bitcoin (BTC) Price Likely to Enter $7,200 Zone If the Following Happens
Bitcoin's Safe-Haven Status Is Not Dead as Correlation to Gold Reaches New Highs: Report