E Point Perfect – Interesting and beneficial content

BTC, ETH and XRP Price Analysis for August 30


Bears remain more powerful than bulls as most of the coins are in the red zone.

Top coins by CoinMarketCap


The rate of Bitcoin (BTC) has declined by almost 2% over the last day.

BTC/USD chart by TradingView

On the daily chart, Bitcoin (BTC) could not keep yesterday’s rise. Currently, one should pay close attention to the $19,500 mark.

If the candle closes near it, there are chances to see a sharp decline to $19,000 soon.

Ethereum is trading at $19,774 at press time.


Unlike Bitcoin (BTC), the rate of Ethereum (ETH) has increased by 0.53%.

ETH/USD chart by TradingView

Ethereum (ETH) has bounced off the recently created mirror level at $1,511. Until the price is above it, buyers have chances for local growth. However, if sellers’ pressure continues, the fall may lead to the test of the $1,400 zone shortly.

Ethereum is trading at $1,517 at press time.


XRP has followed the drop of other coins, going down by 1.16%.

XRP/USD chart by TradingView

XRP/USD chart by TradingView

From the technical point of view, XRP is trading similar to Bitcoin (BTC), and the rate is approaching the recently tested support level at $0.32136. If buyers cannot seize the initiative, a decrease may continue to the $0.31 mark until the end of the week.

XRP is trading at $0.3233 at press time.


Source link

Related posts

First Bitcoin ETF Is Having Disastrous 2022

Crypto Fear and Greed Index Drops Below March 2020 Levels

Prominent Cardano Developer Says Testnet Is “Catastrophically Broken”

Trillions of SHIB Moved by Mysterious Whale, While SHIB Enters Unusual Top

XRP and Cardano (ADA) Rejected by Paxful Founder

OKX Stops Withdrawal Process; Do Not Panic, Here's What's Happening