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BTC, ETH and XRP Price Prediction for November 4

source-logo  u.today 04 November 2024 17:25, UTC

Buyers are back in the game at the beginning of the week, according to CoinStats.

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BTC/USD

The price of Bitcoin (BTC) has increased by almost 1% since yesterday.

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On the daily chart, the rate of BTC is coming back to the support level of $67,541. If the situation does not change, one can expect a breakout, followed by a dump to the $66,000-$67,000 zone.

Bitcoin is trading at $68,336 at press time.

ETH/USD

The rate of Ethereum (ETH) has followed the growth of BTC, going up by 1.19%.

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From the technical point of view, there are no reversal signals yet. If the fall continues to $2,400, traders may witness a test of the support of $2,381 until the end of the current week.

Ethereum is trading at $2,443 at press time.

XRP/USD

XRP is the biggest gainer from the list today, rising by 2.56%.

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Despite today's rise, the rate of XRP has not accumulated enough strength for a continued upward move. If buyers want to seize the initiative, they need to restore the price above the $0.52 zone.

XRP is trading at $0.5108 at press time.

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