BTC, ETH and XRP Price Prediction for October 21
10/21/2024 21:46Which top coins can grow this week?
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A new week has started with ongoing bulls' dominance, according to CoinMarketCap.
BTC/USD
Unlike most other coins, the rate of Bitcoin (BTC) has dropped by 0.33% over the last day.
On the daily chart, the price of BTC is falling after a false breakout of the formed resistance of $69,363.
If the bar closes below yesterday's candle low, the correction is likely to continue to the $66,500-$67,000 zone soon.
Bitcoin is trading at $67,855 at press time.
ETH/USD
The price of Ethereum (ETH) has increased by 1.67% since yesterday.
From the technical point of view, the rate of ETH is trading similarly to BTC. If the fall continues and the price goes below the support level of $2,659, there is a chance to see a test of the $2,500-$2,600 range shortly.
Ethereum is trading at $2,682 at press time.
XRP/USD
XRP is the biggest gainer from the list today, going up by 2.24%.
Despite today's growth, the rate of XRP has once again failed to fix above the resistance of $0.5556. If the daily bar closes far from that mark, traders may witness a drop to the $0.5350-$0.54 area.
XRP is trading at $0.5459 at press time.
About the author
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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