BTC, ETH, XRP — Searching for the Next Support Zones

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It looks like the cryptocurrency market has found the bounce-back zone. All top 10 coins are located in the green zone. Meanwhile, the total market capitalization has exceeded the $200 Bln mark.

The key data of Bitcoin, Ethereum, and XRP.






Name

Ticker

Market Cap

Price

Volume (24h)

Change (24h)

Bitcoin

BTC

$137 488 420 158

$7 577,35

$20 926 498 674

1,75%

Ethereum

ETH

$15 488 862 731

$141,89

$8 556 479 508

5,04%

XRP

XRP

$9 124 082 364

$0,210534

$1 610 579 487

8,69%

BTC/USD 


Our recent Bitcoin scenario has justified itself, as the price has fixed above the $7,500 mark.

On the 4H chart, Bitcoin has touched the local bottom at $6,900 which has served as a starting point of the current rise. The MA 50 and MA 100 are switching to the upward movement, confirming the presence of buyers.


Must Read

Bitcoin (BTC) Price Breaks Above Key Resistance Level, but Bulls Are Not Safe Yet – READ MORE


All in all, the leading crypto has high chances of reaching $7,800 in the current month which is also supported by the increase of trading volume.


Bitcoin is…

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