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BTC, ETH and XRP Price Prediction for November 18

source-logo  u.today 18 November 2024 16:28, UTC

Bears remain weaker than bulls, according to CoinStats.

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BTC/USD

The rate of Bitcoin (BTC) has gone up by 0.17% over the past day.

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On the daily chart, the price of BTC is closer to the resistance than to the support. However, one should focus on the bar's closure.

If it happens near the $92,000 mark or above and with no long wick, the accumulated energy might be enough for a test of the $93,483 level.

Bitcoin is trading at $90,634 at press time.

ETH/USD

The price of Ethereum (ETH) is unchanged since yesterday.

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Unlike BTC, the rate of the chief altcoin is near the support of $3,028. If buyers cannot seize the initiative soon, one can expect a level breakout, followed by a test of the $3,000 mark.

Ethereum is trading at $3,095 at press time.

XRP/USD

XRP is the biggest gainer today, rising by 3.78%.

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Despite today's growth, the price of XRP is far from the support level. Thus, the volume is low, which means buyers need more time to accumulate energy for a further move. In this regard, sideways trading in the range of $1.05-$1.20 is the more likely scenario.

XRP is trading at $1.1519 at press time.

u.today