BTC, ETH and XRP Price Prediction for July 1

07/01/2024 22:28
BTC, ETH and XRP Price Prediction for July 1

Which cryptocurrencies can keep rising until end of week?

Original U.Today article

BTC, ETH and XRP Price Prediction for July 1

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Bulls are coming back to the game, according to CoinStats.

Top coins by CoinStats

BTC/USD

The price of Bitcoin (BTC) has gone up by 2.07% since yesterday.

Image by TradingView

Despite today's rise, one should pay attention to the daily bar's closure. If it happens far from the peak, sellers may again seize the initiative, which can lead to a drop to the $62,000 area.

Bitcoin is trading at $62,739 at press time.

ETH/USD

Ethereum (ETH) has followed the rise of BTC, growing by 1.93%.

Image by TradingView

From the technical point of view, Ethereum (ETH) is trading similarly to BTC. If the daily bar closes around the current prices, sideways trading in the narrow range of $3,450-$3,500 is the more likely scenario.

Ethereum is trading at $3,466 at press time.

XRP/USD

XRP is not an exception to the rule, going up by 1.69%.

Image by TradingView

On the daily time frame, one should focus on the nearest vital zone of $0.4850. 

Related

If the candle closes near it, traders may witness an upward move to the $0.49 area soon.

XRP is trading at $0.4797 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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