The total value of the cryptocurrency market has reached $1.05 trillion, up 1.7 percent in the last 24 hours, according to CoinGecko data. Let’s take a look at the latest situation in the cryptocurrency market together. Let’s examine the price movements in Bitcoin (BTC), Ethereum (ETH) and XRP together. How many dollars is bitcoin trading at? What level is Ethereum at? What’s the latest in XRP?
Bitcoin (BTC) Price Analysis
Bitcoin has lost 2 percent in the last 24 hours, according to CoinGecko data. While the leading cryptocurrency of the market, Bitcoin, continues to watch in the $ 19-20 thousand band, where it has been moving for a long time, it rose above $ 20 thousand after the market value exceeded $ 1 trillion. Bitcoin continues at 20 thousand dollars as of its movement region.
Bitcoin daily chartKeeping Bitcoin at these levels and holding on to the $20,000 band again may break this stagnant trend in the crypto money market to some extent. If there is a drop from here, the next stop in Bitcoin may be the $ 18-19 thousand region. If there will be an uptrend, Bitcoin’s first stop may be to try the $21,000 region after holding on to the $20,000 band. Bitcoin is trading at $20,000 as of the time of writing.
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Ethereum (ETH) Price Analysis
ETH also surged as the market value rose above $1 trillion again. On the other hand, when we examine the price movement on the Ethereum (ETH) side, we see that ETH has decreased by 3.2 in the last 24 hours according to CoinGecko data.
Ethereum’s daily chartWe can say that the next target in Ethereum is to test the $ 1,650 region. If there is a decrease on the Ethereum side, our first stop may be the $ 1,300 band. As of the time of writing, Ethereum is trading at $ 1,500.
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XRP Price Analysis
XRP, which is the 6th coin of the market in terms of market value, started the day by falling unlike Bitcoin and Etherum. Starting the day with a drop of 2.8 percent, XRP followed Bitcoin and Ethereum.
XEP’s daily chartThe strongest resistance in XRP is currently the $0.46 zone. We can see in the graph that he could not break this region despite trying several times. From here, the support below is the 0.4 dollar band. An upper resistance is the $0.55 level. As of writing, XRP is trading at $0.46.
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