Bitcoin (BTC) reached a new all-time high of $81,846 on Monday, while Ethereum (ETH) and Ripple (XRP) are following suit and nearing their crucial resistance levels; a strong close above these levels could fuel further rally for both assets.
Bitcoin 's price reaches a new all-time high of $81,846 on Monday, following a rally of over 17% the previous week. Ethereum 's price is nearing its weekly resistance at $3,236, and a firm close above it would continue its rally. Ripple price is approaching its daily resistance at $0.626; a close above this level could signal the continuation of its rally.
595. If XRP continues its upward momentum, it could extend the rally to retest its daily resistance at $0.626. A successful close above this level could extend an additional rally of 4% to retest its July 31 high of $0.657. The RSI stands at 70, around its overbought level. If the RSI tilts down, traders should be cautious because the chances of a price pullback increase. XRP/USDT daily chart However, if the 200-day EMA at $0.
Ethereum Ripple Cryptocurrencies Technical Analysis
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