Bitcoin, Ethereum and XRP Analysis – November 11, 2022 - Coinleaks
Current Date:September 21, 2024

Bitcoin, Ethereum and XRP Analysis – November 11, 2022

Total value of the cryptocurrency market CoinGecko According to data, it increased by 4.4 percent in the last 24 hours to 914 million dollars. The fact that FTX had liquidity problems and then sought support from Binance, but this did not happen, seriously damaged cryptocurrencies. bitcoin(BTC), Ethereum(ETH) and XRPLet’s examine the price movements in . bitcoinHow many dollars is it trading? Ethereumwhat level? XRPWhat’s the latest situation in ?

Bitcoin (BTC) Price Analysis

Bitcoin has gained 3.7 percent in the last 24 hours, according to CoinGecko data. The market’s leading cryptocurrency bitcoin , experienced a serious decline from the $ 19-20 thousand band, where it has been moving for a long time, after the value of the market fell below $ 1 trillion, its price also fell to $ 17 thousand. Bitcoin continues its price course at 17 thousand dollars as of the movement zone it is in.

Bitcoin daily chart

bitcoin With the positive news flow from these levels, we can expect a rise in the coming days. Following the tension between Binance and FTX, FTX’s liquidity problems and its request for support from Binance caused a serious decline in cryptocurrencies. If there will be a continued decline in BTC, the next stop may be the $ 15-16 thousand region. If there will be a rise, Bitcoin’s first stop may be to try the 19-20 thousand dollar region after holding on to the 18 thousand dollar band. bitcoinAs of the time of writing, it is trading at 17 thousand dollars.

Click for Bitcoin live price.

Ethereum (ETH) Price Analysis

ETH also fell, as the market value dropped to $1 trillion again. EthereumWhen we examine the price action on the (ETH) side, ETHAccording to CoinGecko data, we see that , has increased by 6.1 in the last 24 hours.

Ethereum’s daily chart

We can say that the next target in Ethereum is to hold on to the $ 1,200-1300 region. If there is a decrease on the Ethereum side, our first stop may be the $1000 band. As of the time of writing EthereumIt is trading at $1,200.

Click for the instant price of Ethereum.

XRP Price Analysis

XRP, which is the 7th coin of the market in terms of market value, started the day by falling unlike Bitcoin and Etherum. Starting the day with an increase of 7.9 percent, XRP followed Bitcoin and Ethereum.

XRP’s daily chart

The strongest resistance in XRP is currently the $0.4 zone. We can say that the support level in XRP is the $ 0.36 region. As of writing, XRP is trading at $0.39.