As a seasoned researcher with years of experience tracking the cryptocurrency market, I have witnessed countless ups and downs, bull runs, and bear markets. Today’s scenario, although showing a minor dip in Bitcoin (BTC) and XRP, presents an interesting opportunity for those who are patient and strategic.
Buyers are trying to seize the initiative in the second part of the day, according to CoinStats.
BTC/USD
The rate of Bitcoin (BTC) has fallen by 1.7% over the last 24 hours.
Although BTC experienced a decrease today, it hasn’t fallen further following yesterday’s negative closing. If bulls manage to maintain their momentum and the day ends with prices similar to now, there’s a good chance we’ll see an attempt to reach the resistance level of $62,151 in the near future.
Bitcoin is trading at $60,193 at press time.
ETH/USD
Unlike Bitcoin (BTC), the price of Ethereum (ETH) has gone up by 1.03% since yesterday.
Keep an eye on the upcoming $2,724 mark on the daily chart. A breakthrough could potentially unleash the stored energy towards the $2,800-$2,900 range.
Ethereum is trading at $2,689 at press time.
XRP/USD
The price of XRP has dropped by almost 1% over the last day.
Technically speaking, XRP‘s rate hasn’t reached significant levels yet, suggesting that neither buyers nor sellers have built enough power for a strong price swing. As such, it’s plausible that XRP will continue trading sideways within the range of $0.56 to $0.60 over the next few days.
XRP is trading at $0.5745 at press time.
Read More
- SOL PREDICTION. SOL cryptocurrency
- USD COP PREDICTION
- USD PHP PREDICTION
- BTC PREDICTION. BTC cryptocurrency
- TON PREDICTION. TON cryptocurrency
- LUNC PREDICTION. LUNC cryptocurrency
- Strongest Magic Types In Fairy Tail
- ENA PREDICTION. ENA cryptocurrency
- USD ZAR PREDICTION
- AAVE PREDICTION. AAVE cryptocurrency
2024-08-12 18:44