Bitcoin despite ending the quarter trading at 3 500 over the price it began the quarter with saw a 0 3 percent increase which now puts its market dominance at 68 1 percent as per the report. Ethereum despite having a market cap that is less than one fifth bitcoin s accounts for 10 2 percent of the entire market. Xrp s uptrend continues to be rejected by the 200 day moving average.
Ethereum turned a stiff resistance wall into support and now nothing seems to hold it from rising towards 300. Bitcoin broke out of a bullish pennant but a significant supply barrier ahead of it may present trouble for its uptrend. Xrp usd draws nearer to 0 30 following bitcoin spike past 11 500 by john isige aug 01 07 05 gmt top 3 coins price prediction bitcoin ethereum and ripple.
By the beginning of the quarter on april 1 bitcoin was trading at 6 300 ethereum at 133 and xrp at 0 17 which eventually closed at bitcoin trading around 9 000 ethereum shuttling between 240 to 250 and xrp at 0 17. Bitcoin and ethereum whales move 231 000 000 in crypto as ripple shifts 37 000 000 xrp from genesis wallet august 1 2020 cryptocurrency news and analysis covering bitcoin ethereum ripple xrp altcoins and blockchain technology. 14 btc 95 000 free spins for every player only in mbitcasino s exotic crypto paradise.
Xrp underperformance against bitcoin and ethereum reaches new extremes for two years running xrp has been among the worst performers in the cryptocurrency space alongside xlm. Ripple s xrp targets 0 20 but everything depends on its ability to regain a key support level. Ethereum s network activity rises to levels not seen in two years but its price continues to consolidate within narrow trading range.
Bitcoin presents a buy signal on its 3 day chart as btc holders surpass the 20 million addresses milestone. The crypto analyst is painting a bearish near term price action for the king coin after a weekend that witnessed btc climbing above 12 000 only to nosedive around 10 500 in a span of a few hours. Full time crypto trader and strategist michaƫl van de poppe is looking at lower levels for bitcoin btc ethereum eth and xrp.
However the top cryptocurrency rose sharply towards the end of the month spiking more than 17 in a week to break above 11 000. Unable to crack resistance at 9 400. Bitcoin hit 12 000 before a flash crash ethereum rose to 420 and ripple rallied to 0 32 bitcoin hits 12 108 at the beginning of july bitcoin was stuck in a rut.