Ethereum
BTC, ETH and XRP Price Prediction for July 1st
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Bulls back in the game, according to Coin Statistics.
The best coins by Coin Statistics
Bitcoin/USD
The price of Bitcoin (BTC) has increased by 2.07% since yesterday.
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Despite today’s rise, it is worth paying attention to the closing of the daily bar. If it occurs far from the top, sellers can again take the initiative, which can lead to a fall to the $62,000 area.
At the time of going to press, Bitcoin is trading at $62,739.
ETH/USD
Ethereum (ETH) followed BTC higher, increasing by 1.93%.
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From a technical perspective, Ethereum (ETH) is moving similarly to BTC. If the daily bar closes around current prices, the most likely scenario is a sideways move in the narrow range of $3,450-3,500.
Ethereum is trading at $3,466 at press time.
XRP/USD
XRP is no exception, up 1.69%.
Image of TradingView
On the daily time frame, the focus should be on the vital area closest to $0.4850.
If the candle closes near this level, traders could soon see an upward move towards the $0.49 area.
XRP is trading at $0.4797 at press time.
About the Author
Denys Serhiichuk
With over 5 years of trading experience, Denys has a deep understanding of technical and fundamental market analysis. He has notably launched his blog on TradingView where he publishes all the relevant information and makes predictions on the main cryptocurrencies.
Thus, his experience is strengthened by his work in leading blockchain-related companies such as W12, Platinum Listing, ATB Coin and others, and can be contacted at denys.serhiichuk@u.today.