Cover image via www.tradingview.com

Most of the coins have followed the bullish mood of the market, however, there are some exceptions. Mainly, Chainlink (LINK) and Binance Coin (BNB) are the only losers among the Top 10 cryptocurrencies.

Top 10 coins by Coinstats

The key data for Ethereum (ETH), XRP and Bitcoin Cash (BCH) today:

Name

Ticker

Market Cap

Price 

Volume (24h)

Change (24h)

Ethereum 

ETH

$42,322,833,036 $375.83 $18,876,442,978 0.47%

XRP

XRP

$11,147,301,746 $0.247485 $1,940,522,653 0.66%

Bitcoin Cash

BCH

$4,363,353,604 $235.62 $3,484,976,436 4.22%

ETH/USD

Yesterday, Ethereum (ETH) buying volumes exceeded average and, during the day, buyers retraced the price from the 2HEMA55 to an uptrend. In the morning, volumes decreased; therefore, it has not been possible to overcome the green trend line yet.

ETH/USD chart by TradingView

If buyers continue the bullish onslaught, then they can test the target level of $400 and gain a foothold in the green upward channel. In the event that resistance at the lower border of the channel reverses the price downward, with low market activity, the pair may hold at the level of $360. With a jump in volatility, the decline may reach the support of $320.

Ethereum is trading at $373.47 at press time.

XRP/USD

Yesterday, buyers were able to continue recovering from the level of average prices and came close to the resistance of $0.25. On the daily time frame, the Stoch RSI indicator lines show potential for the continuation of the recovery to the $0.265 area. Thus, the probability of a breakout of the $0.25 level is still relevant.

XRP/USD chart by TradingView

However, while we do not see a major buyer who could continue this rise, and if the pair fails to gain a foothold above the $0.25 mark, then the XRP price might roll back to the $0.23 support.

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.

Cryptos feed

Latest Crypto News


Latest Crypto News & Analysis

Editors’ Picks

Bitcoin difficulty ribbon flashes buy signal

BTC is trading around $10,715 and sitting on top of the $10,700 support level. The buyers need to do everything that they possibly can to defend this level. If the sellers break below this level, the price can plummet to $9,700 before it meets another healthy support.

More Bitcoin News

Ethereum Market Update: ETH continues to consolidate position below $360

The ongoing boom in decentralized finance (DeFi) space has been very beneficial for Ethereum. The demand for ETH has continuously surged in recent times. However, it is DeFi that’s dominating the headlines in ...

More Ethereum News

Chainlink Price Analysis: LINK goes through consolidation, preps for a breakout

LINK broke above the downward trending line this Thursday and is currently trending horizontally between the $10 support line and the SMA 20 curve. This indicates that LINK is presently in a ...

More ChainLink news

Theta Price Prediction: THETA poised for a healthy pullback before resuming uptrend

THETA has been trading inside a robust uptrend for the past four months and hit a new all-time high at $0.76 on September 28. Its market capitalization has grown from $46 million on March 16, to a current high of $640 million.

More Bitcoin News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: Keep calm and HODL on until the USA elects the president

Bitcoin (BTC) partially regained the losses incurred at the beginning of the week; however, the upside momentum is still too weak to take the price out of the bearish territory and ensure a sustainable recovery. 

Read the weekly forecast

BTC

ETH

XRP