BTC, ETH and XRP Price Analysis for August 6

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BTC, ETH and XRP Price Analysis for August 6
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Can the popular coins remain bullish on the weekend? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie

Bitcoin stays in the green area, going up by 0.70% over the last 24 hours.

On the daily time frame, Bitcoin is trading around the $23,000 zone after the false breakout of the support level at $22,401. If bulls can hold theBitcoin is trading at $23,214 at press time.From the technical point of view, Ethereum is looking more bullish than Bitcoin , as the rate of the main altcoin is approaching the resistance level at $1,785. Thus, the price is located above the important mark of $1,700, confirming buyers' pressure.

Despite the rise, XRP has not accumulated enough power for further growth. A midterm bull run might only start when the price gets close to the crucial mark of $0.40. The low volume also confirms the current sideways trading.

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