BTC, ETH and XRP Price Prediction for June 3

06/03/2024 22:33
BTC, ETH and XRP Price Prediction for June 3

Can upward move of top coins continue until end of week?

Original U.Today article

BTC, ETH and XRP Price Prediction for June 3

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The new week has started bullish for most coins from the top 10 list, according to CoinMarketCap.

Top coins by CoinMarketCap

BTC/USD

The rate of Bitcoin (BTC) has increased by 2.37% over the last day.

Image by TradingView

On the daily chart, the price of BTC is on its way to testing the interim resistance level of $70,715. 

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If the bar closes near it or above and with no long wick, the accumulated energy might be enough for a move to the $72,000-$73,000 zone.

Bitcoin is trading at $69,612 at press time.

ETH/USD

Ethereum (ETH) is following the rise of Bitcoin (BTC), going up by 1.13%.

Image by TradingView

The rate of the main altcoin is testing the resistance of $3,849. If it breaks out, the upward move may lead to the test of the $3,900-$4,000 zone within the next few days.

Ethereum is trading at $3,838 at press time.

XRP/USD

XRP is the coin growing the least today, rising by 0.74%.

Image by TradingView

Despite today's growth, the price of XRP has not accumulated enough energy for a midterm rise. In this case, sideways trading in the zone of $0.5150-$0.53 is the more likely scenario until the end of the week.

XRP is trading at $0.5214 at press time.

About the author

article image

Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at [email protected].

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