BTC, ETH and XRP Price Analysis for June 30


The fall has continued on the cryptocurrency market as none of the top 10 coins are rising.

Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

Despite the drop, Bitcoin (BTC) is falling the least from the list today, going down by 4.59%.

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BTC/USD chart by TradingView
BTC/USD chart by TradingView

On the daily chart, Bitcoin (BTC) has broken the local support level at $19,616 against a high selling volume. It means that the fall may continue if bulls cannot return the rate above the vital $20,000 mark. If nothing changes until the end of the day, there are chances to see a further decrease below $18,000 in the first days of July.

Bitcoin is trading at $19,133 at press time.

ETH/USD

Ethereum (ETH) is the biggest loser, falling by 7.67% since yesterday.

ETH/USD chart by TradingView
ETH/USD chart by TradingView

Ethereum (ETH) is looking a bit better than Bitcoin (BTC) as the rate remains above the $1,000 mark. Thus, the price is far from the support level at $890, which means that bulls are not going to give up so easy. If they can hold $1,000, the leading altcoin can rise to the $1,100 mark within the next few days.

Related:  Ethereum, Binance Coin and Two Additional Altcoins Have Limited Upside, Warns Top Crypto Trader

Ethereum is trading at $1,035 at press time.

XRP/USD

XRP has followed the drop of other coins, losing 4.31% of its price share over the last 24 hours.

XRP/USD chart by TradingView
XRP/USD chart by TradingView

XRP is about to test the support level at $0.2933 against the increased selling volume. At the moment, bears are trying to seize the initiative; however, the price remains above $0.30. If bulls fail to hold this mark, one can expect a sharp drop soon.

XRP is trading at $0.3136 at press time.


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