BTC, ETH and XRP Price Analysis for October 30
Buyers are back in the game, according to CoinStats.
BTC/USD
The rate of Bitcoin (BTC) has increased by 0.45% since yesterday.
On the daily chart, one should pay attention to the daily closure in terms of the nearest level of $35,198. Until that happens, it is too early to think about a further upward move.
But if a breakout happens, one can expect a test of the $36,000 zone soon.
Bitcoin is trading at $34,716 at press time.
ETH/USD
Ethereum (ETH) is more of a gainer than Bitcoin (BTC), rising by 1.48%.
Ethereum (ETH) is looking more bullish than BTC as the daily bar is about to close above the vital zone of $1,800. In that case, traders can expect an ongoing rise to the nearest level of $1,854. Such a scenario is relevant until the end of the week.
Ethereum is trading at $1,818 at press time.
XRP/USD
XRP is the biggest gainer today, rocketing by 4.73%.
On the daily time frame, the rate of XRP has once again bounced off the level of $0.54915, which means that buyers remain more powerful than sellers. If the bar closes with no long wick, the rise may continue to the
$0.60 mark soon.
XRP is trading at $0.5766 at press time.