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BTC, ETH and XRP Price Prediction for November 11

source-logo  u.today 11 November 2024 15:19, UTC

A new week has started positively for most of the coins, according to CoinMarketCap.

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BTC/USD

The rate of Bitcoin (BTC) has risen by 3.09% since yesterday, having set a new all-time high.

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On the daily chart, the price of BTC keeps growing after yesterday's bullish closure. As there are no vital levels nearby, one should pay attention to the nearest bar peak of $81,482. If the candle closes far from it, the upward move is likely to continue.

Bitcoin is trading at $82,063 at press time.

ETH/USD

Unlike other coins, the price of Ethereum (ETH) has dropped by 0.44% over the last 24 hours.

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From the technical point of view, one should pay attention to yesterday's bar's peak of $3,248. If buyers' pressure continues, there is a possibility of seeing a level breakout, followed by a move to the $3,300-$3,400 zone soon.

Ethereum is trading at $3,186 at press time.

XRP/USD

The rate of XRP has increased by 0.21% over the last day.

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On the daily chart, the price of XRP has made a false breakout of the resistance level of $0.6069. However, if the rate gets back to it, one can expect a blast to the $0.64 area by the end of the week.

XRP is trading at $0.5855 at press time.

u.today