Today's Price Analysis of XRP, BTC and ETH

By Sreelesh | Sree Blog | 1 Sep 2020

The month has begun with most of the cryptocurrencies showing an upward trend barring Chainlink from the Top 10 list.


Yesterday, buyers achieved a retest of The POC line of $11,740 was retested yesterday with a high at $11,780.

In case of a bear push today, the BTC/USD will most likely test the $11,394 level. The next daily maximum is possible in the resistance area of $12,000 if buyers take advantage of the average support price.

Bitcoin is trading at $11,898 at the time of writing this article.

Yesterday, XRP price was in a narrow consolidation range at the level of $0.280 due to the low trade volumes.

Today, it may see a continued consolidation in the sideways range. In case of a positive mood in the market, then the price will touch $0.294.

XRP is trading at $0.29 at the time of writing this article.


Midday yesterday, ETH price recovered to test the August high range, but unable to cross it. Towards the end of the day, the sellers brought it down to the level of $430. If the selling pressure ends now, then today the price of ETH may zoom to the year high of $480 and with a strong buyer push, it may even break the $500 psychological level.

Ethereum is trading at $468 at the time of writing this article.

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I am from Kerala, India. Working as a freelancer.

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