Bulls are trying to seize the initiative by the end of the week, as some coins have come back to the green zone.

Chart

Top coins by CoinMarketCap

BTC/USD

The rate of Bitcoin (BTC) has fallen by 4.40% over the past seven days.

BTC

BTC/USD chart by TradingView

Bitcoin (BTC) is still locating in the sideways trend even though its rate has declined by 0.12% since yesterday. At the moment, a rise is more likely than a decrease as the main crypto remains trading above the support at $32,000.

In this case, there are chances to get to the zone of the most liquidity at $37,200 next week.

Bitcoin is trading at $33,710 at press time.

XRP/USD

XRP is the biggest loser today in terms of the weekly price change as its rate has gone down by 9%.

XRP

XRP/USD chart by TradingView

Despite the fall, XRP is also bullish as bears are weakening, taking into account the falling selling trading volume. If bulls keep XRP above $0.60, the nearest resistance at $0.70 might be attained shortly.

XRP is trading at $0.6251 at press time.

DOT/USD

The rate of Polkadot (DOT) has remained the same over the past 24 hours.

DOT

DOT/USD chart byTradingView

Polkadot (DOT) remains neutral as it remains trading in a narrow range. The bullish scenario becomes relevant if buyers break the resistance at $17 and fix above it.

DOT is trading at $15.38 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.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

Ethereum dips slightly amid Renzo depeg, BlackRock spot ETH ETF amendment

Ethereum dips slightly amid Renzo depeg, BlackRock spot ETH ETF amendment

Ethereum (ETH) suffered a brief decline on Wednesday afternoon despite increased accumulation from whales. This follows Ethereum restaking protocol Renzo restaked ETH (ezETH) crashing from its 1:1 peg with ETH and increased activities surrounding spot Ethereum ETFs.

More Ethereum News

Injective price weakness persists despite over 5.9 million INJ tokens burned

Injective price weakness persists despite over 5.9 million INJ tokens burned

Injective (INJ) price is trading with a bearish bias, stuck in the lower section of the market range. The bearish outlook abounds despite the network's deflationary efforts to pump the price. Coupled with broader market gloom, INJ token’s doomed days may not be over yet.

More Injective News

US intensifies battle against crypto privacy protocols following crackdown on Samourai Wallet

US intensifies battle against crypto privacy protocols following crackdown on Samourai Wallet

CEO Keonne Rodriguez and CTO William Lonergan of Samourai Wallet were arrested by the US Department of Justice (DoJ) on Wednesday and charged with $100 million in money laundering on a count and illegal money transmitting on another count. This move could see privacy-focused cryptocurrencies take a dip.

More Cryptocurrencies News

Near Protocol Price Prediction: NEAR fulfills targets but a 10% correction may be on the horizon

Near Protocol Price Prediction: NEAR fulfills targets but a 10% correction may be on the horizon

Near Protocol price has completed a 55% mean reversal from the bottom of the market range at $4.27. Amid growing bearish activity, NEAR could drop 10% to the $6.00 psychological level before a potential recovery. A break and close above $7.95 would invalidate the downleg thesis.

More Near Protocol News

Bitcoin: BTC post-halving rally could be partially priced in Premium

Bitcoin: BTC post-halving rally could be partially priced in

Bitcoin (BTC) price briefly slipped below the $60,000 level for the last three days, attracting buyers in this area as the fourth BTC halving is due in a few hours. Is the halving priced in for Bitcoin? Or will the pioneer crypto note more gains in the coming days? 

Read full analysis

BTC

ETH

XRP