According to CoinGecko data, the total value of the crypto money market has reached $ 965 billion with an increase of 0.7 percent in the last 24 hours. 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 gained 0.7 percent in the last 24 hours, according to CoinGecko data. 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. This price trend of Bitcoin reveals the continuation of the stable trend in cryptocurrencies. Bitcoin continues its course at $ 19 thousand as of its movement zone.
Bitcoin’s reaction to 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 decrease from here, the next stop in Bitcoin may be the region of 17-18 thousand dollars. If there will be a rise, the first stop of Bitcoin will be to hold on to the 20 thousand dollar band. As of writing, Bitcoin is trading at $ 19,000.
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Ethereum (ETH) Price Analysis
The bearish movements in the market also lost serious momentum to Ethereum. On the other hand, when we examine the price movement on the Ethereum (ETH) side, we see that ETH has increased by 2.7 in the last 24 hours, according to CoinGecko data.
We can say that the next target in Ethereum is to test the $ 1,400 region. If there is a decrease on the Ethereum side, our first stop may be the thousand dollar band. As of the time of writing, Ethereum is trading at $ 1,300.
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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 0.6 percent, XRP moved in the opposite direction of the rise in Bitcoin.
The strongest resistance in XRP is currently the $0.46 zone. 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 $0.45.
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