Price analysis of Bitcoin, Ethereum and XRP


Bitcoin Analysis 

Bitcoin’s price concluded its daily session with a lower price than it began Sunday and BTC’s price closed the week’s final daily candle -$1,039.20. 

The BTC/USD 1D chart below from foxxone shows BTC’s price trading between 0.786 [$38,366.13] and 0.618 [$44,978.10].

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Bullish BTC traders have a primary target of 0.618 with a secondary target of 0.5 [$49,527.40] and a third target of 0.382 [$54,132.39].

Bitcoin traders expecting further downside are looking to push BTC’s price below 0.786, 1 [$30,014.70] and potentially down to retest the $20k level which is the next major level of support for bullish traders.

Bitcoin Analysis 
BTC’s price trading between 0.786 [$38,366.13] and 0.618 [$44,978.10]

Bitcoin’s Moving Averages: 20-Day [$40,419.57], 50-Day [$40,845.32], 100-Day [$48,260.67], 200-Day [$45,674.11], Year to Date [$40,845.32].

The Fear and Greed Index is 23 Extreme Fear and is +2 from Sunday’s reading of 21 Extreme Fear.

Fear and Greed
The Fear and Greed Index is 23 Extreme Fear

BTC’s 24 hour price range is $37,709-$39,238 and its 7 day price range is $37,387-$42,438. Bitcoin’s 52 week price range is $29,341-$69,044.  

The price of bitcoin on this date last year was $59,428. 

The average price of BTC for the last 30 days is $39,990. 

Bitcoin’s price [-2.68%] closed its daily candle worth $37,771.1 and has finished in red digits for three of the last four days. 

Ethereum Analysis 

Ether’s price traded just marginally better than BTC’s price on Sunday and finished its daily candle -$53.05. 

The second chart we’re analyzing today is the ETH/USD 1D chart below by coinsupremo. The chart shows Ether’s price trading between 0.236 [$1,908.49] and 0 [$5,025.99], at the time of writing.

Ether bulls are obviously trying to again retest ETH’s all-time high price while bearish Ether traders are looking to snap the 0.236, 0.382 [$1,048.41], and 0.5 [$646.05]. 

Ethereum Analysis 
Ether’s price trading between 0.236 [$1,908.49] and 0 [$5,025.99]

Ether’s Moving Averages: 20-Day [$2,753.83], 50-Day [$2,914.28], 100-Day [$3,577.73], 200-Day [$3,220.99], Year to Date [$2,914.28].

ETH’s 24 hour price range is $2,505-$2,596 and its 7 day price range is $2,467-$2,760. Ether’s 52 week price range is $1,558-$4,878. 

The price of ETH on this date in 2021 was $1,866.

The average price of ETH for the last 30 days is $2,720. 

Ether’s price [-2.06%] closed its daily candle on Sunday worth $2,516.75 and has closed in red digits three times over the last four days.

XRP Analysis

XRP’s price sold-off more than the other two projects we’ve covered today and wrapped up its final daily session of the week -$0.025.

The XRP/USD 1W chart below from FieryTrading shows XRP’s price trading within a giant five year triangle pattern. If bullish XRP market participants are eventually able to break out to the upside of the triangle pattern around the $1.50 level, the overhead target is the $3.4 level on the weekly timeframe. 

XRP Analysis
 XRP’s price trading within a giant five year triangle pattern

XRP’s Moving Averages: 20-Day [$0.755], 50-Day [$0.737], 100-Day [$0.868], 200-Day [$0.888], Year to Date [$0.737].

XRP’s 24 hour price range is $0.755-$0.804 and its 7 day price range is $0.709-$0.839. XRP’s 52 week price range is $0.431-$1.86. 

XRP’s price on this date last year was $1.84.

The average price of XRP over the last 30 days is $0.757. 

XRP’s price [-3.29%] closed its daily candle worth $0.76 and in red figures for a second consecutive day on Sunday. 





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