Bitcoin price has been consolidating between $94,000 and $100,000 for the past nine days. Ethereum and Ripple prices have shown more strength, gaining nearly 3% and 7% respectively this week. While Bitcoin faces uncertainty with bearish signals, Ethereum and Ripple potentially have more upward momentum.
Bitcoin price consolidated between $94,000 and $100,000 for the last nine days. Ethereum price trades around $2,690 on Friday after rising almost 3% so far this week. Ripple price hovers around $2.55 after gaining nearly 7% this week. Bitcoin consolidated between $94,000 and $100,000 in the last nine days. Ethereum and Ripple prices stood relatively stronger and have gained nearly 3% and 7%, respectively, this week.
However, XRP prices strengthened this week and recovered by almost 7%. At the time of writing on Friday, it hovers around $2.55. If XRP continues to recover, it could extend the recovery to test its daily resistance level at $2.72. The RSI on the daily chart reads 46, bounced off from its oversold level of 30, indicating mild bullish momentum. Like Ethereum, the RSI must trade above its neutral level of 50 for the bullish momentum to be sustained.
CRYPTOCURRENCY BITCOIN ETHEREUM RIPPLE PRICES MARKET TRENDS
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