Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

BTC, ETH and XRP Price Prediction for November 18

Published 2024-11-18, 10:48 a/m
BTC/USD
-
ETH/USD
-
XRP/USD
-

U.Today - Bears remain weaker than bulls, according to CoinStats.

BTC/USD

The rate of Bitcoin (BTC) has gone up by 0.17% over the past day.

On the daily chart, the price of BTC is closer to the resistance than to the support. However, one should focus on the bar's closure.

If it happens near the $92,000 mark or above and with no long wick, the accumulated energy might be enough for a test of the $93,483 level.

Bitcoin is trading at $90,634 at press time.

ETH/USD

The price of Ethereum (ETH) is unchanged since yesterday.

Unlike BTC, the rate of the chief altcoin is near the support of $3,028. If buyers cannot seize the initiative soon, one can expect a level breakout, followed by a test of the $3,000 mark.

Ethereum is trading at $3,095 at press time.

XRP/USD

XRP is the biggest gainer today, rising by 3.78%.

Despite today's growth, the price of XRP is far from the support level. Thus, the volume is low, which means buyers need more time to accumulate energy for a further move. In this regard, sideways trading in the range of $1.05-$1.20 is the more likely scenario.

XRP is trading at $1.1519 at press time.

This content was originally published on U.Today

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.