Bitcoin Ethereum and XRP Analysis – October 24, 2022 - Coinleaks
Current Date:September 21, 2024

Bitcoin Ethereum and XRP Analysis – October 24, 2022

Total value of the cryptocurrency market CoinGecko According to data, it has reached 965 billion dollars with an increase of 0.7 percent in the last 24 hours. Let’s take a look at the latest situation in the cryptocurrency market together. 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?

Bitcoin (BTC) Price Analysis

Bitcoin has gained 0.7 percent in the last 24 hours, according to CoinGecko data. The market’s leading cryptocurrency bitcoin continues to watch in the band of 19-20 thousand dollars, where it has been moving for a long time. This price trend of Bitcoin reveals the continuation of the stable trend in cryptocurrencies. Bitcoin continues its course at $ 19 thousand as of its movement zone.

bitcoin Reacting from these levels and holding on to the $20,000 band again may break this stagnant trend in the crypto money market to some extent. If there is a decrease from here, the next stop in Bitcoin may be the region of 17-18 thousand dollars. If there will be a rise, the first stop of Bitcoin will be to hold on to the 20 thousand dollar band. bitcoinAt the time of writing, it is trading at $19,000.

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Ethereum (ETH) Price Analysis

The bearish movements in the market also lost serious momentum to Ethereum. Despite that EthereumWhen we examine the price action on the (ETH) side, ETHAccording to CoinGecko data, we see that , has increased by 2.7 in the last 24 hours.

We can say that the next target in Ethereum is to test the $ 1,400 region. If there is a decrease on the Ethereum side, our first stop may be the thousand dollar band. As of the time of writing EthereumIt is trading at $300.

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XRP Price Analysis

XRP, which is the 6th coin of the market in terms of market value, started the day by falling unlike Bitcoin and Etherum. Starting the day with a drop of 0.6 percent, XRP moved in the opposite direction of the rise in Bitcoin.

The strongest resistance in XRP is currently the $0.46 zone. From here, the support below is the 0.4 dollar band. An upper resistance is the $0.55 level. As of writing, XRP is trading at $0.45.