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BTC, ETH and XRP Prediction for August 19

Published 2024-08-19, 11:44 a/m
BTC/USD
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ETH/USD
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XRP/USD
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U.Today - The prices of some coins keep rising, while others have come back to the red zone, according to CoinStats.

Top coins by CoinStats

BTC/USD

The rate of Bitcoin has declined by almost 2% since yesterday.

Image by TradingViewThe price of BTC keeps gaining energy for a further move. Such a statement is also confirmed by the falling volume. In this regard, ongoing sideways trading in the range of $58,000-$60,000 is the more likely scenario until the end of the week.

Bitcoin is trading at $58,624 at press time.

ETH/USD

Ethereum (ETH) has followed the drop of BTC, going down by 3%.

Image by TradingViewOn the daily chart, the rate of ETH is closer to the support than to the resistance.

If the downward move continues, there is a chance to see a test of the $2,400 area within the next few days.

Ethereum is trading at $2,584 at press time.

XRP/USD

XRP is the exception to the rule, rising by 1.48%.

Image by TradingViewThe price of XRP is testing the resistance level of $0.5834. If it breaks out, the energy might be enough for continued growth to the $0.60 range.

XRP is trading at $0.5813 at press time.

This content was originally published on U.Today

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