Bulls have managed to get back into the game as most of the coins are in the green zone. LUNA is the only exception to the rule, falling by 1.18%.
Top coins by CoinMarketCap
BTC/USD
Bitcoin (BTC) has grown the most from our list today with a rise of 4.31%.
BTC/USD chart by TradingView
Bitcoin (BTC) has broken the vital $42,000 mark and is trying to fix above it. The buying trading volume has also risen, which means that bulls are ready to keep the upward move. If the daily candle fixes in the area of $42,000-$42,500, one can expect further growth to the resistance level at $45,850 within the next few weeks.
Bitcoin is trading at $42,750 at press time.
ETH/USD
Ethereum (ETH) could not show the same growth as Bitcoin (BTC), and the rate of the main altcoin has grown by 2.62%.
ETH/USD chart by TradingView
Comparing the chart of Ethereum (ETH) with BTC, the second most popular crypto is trading similarly as it is also on the way to its resistance level of $3,300. If buyers can hold the important $3,000 mark, a breakout may happen by the end of the current month.
Ethereum is trading at $3,020 at press time.
XRP/USD
XRP is no exception to the rule, rising by 3.76% over the last 24 hours.
XRP/USD chart by TradingView
Despite the growth, XRP could not fix above the $0.85 mark from the first attempt. However, until the rate is above $0.80, the mid-term picture remains bullish. If the buying trading volume increases, there is a high possibility to see the test of the blue resistance level shortly.
XRP is trading at $0.8424 at press time.
Any financial and market information given on U.Today is written for informational purposes only. Conduct your own research by contacting financial experts before making any investment decisions.
Recommended Content
Editors’ Picks
Ripple's move above this key level could trigger nearly 50% rally for XRP
Ripple has overcome a critical resistance level and flipped into a support floor on the weekly time frame. This development happened while XRP tightly consolidated for roughly 250 days. Investors can expect XRP to kickstart a massive rally.
Optimism price outlook with nearly $90 million worth of OP tokens flooding markets on Friday
Optimism volatility has shrunk in the ours leading to the network’s cliff unlock. It joins the likes of dYdX and Sui, which have similar events on their calendars. As token unlocks are often considered bearish catalysts, investors should brace for a reaction after the event.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Retail watches from the sidelines with a bias for shorts
Bitcoin could clear $73,777 peak as BTC bulls resurface. Ethereum might fall 10% before next leg up as ETH RSI teases with sell signal. XRP could lose $0.6000 threshold as Ripple bulls fail to show up.
Jito price could hit $6 as JTO coils up inside this bullish pattern
Jito price action shows a potential cup and handle formation. Based on theoretical measurement rules, a successful breakout could yield a 56% rally to $6.0. A breakdown of the $3.86 support level would create a lower low for JTO and invalidate the bullish thesis.
Bitcoin: BTC may have recovered, but is it out of the woods?
Bitcoin’s (BTC) upward momentum has shown a significant decline for the past two weeks or so. This development led to a bearish signal on the weekly and an uncertain outlook on the monthly.