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Price analysis of three major cryptocurrencies with two special mentions

 

The crypto market has yet again remained bearish with the three major coins Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) just managing to cross the bearish mark.

The price analysis (April 17, 2018) of the major digital currencies:

Bitcoin (BTC): BTC showed the highest price of around $5,274 and lowest of around $5,219. The market cap was 92,702,617,458 and a volume of 12,438,430,677. The bulls, if they had crossed the $5,274 mark than the Bitcoin (BTC), had the potential of going up to %5,360 before crossing the next resistance level.

Ethereum (ETH): ETH had a maximum and minimum price of around $168 and $165 respectively yesterday. The market cap was 17,647,086,048 and a volume of 5,596,102,715.

Ripple (XRP): XRP had a maximum and minimum price of around $0.34 and $0.32 respectively yesterday. The market cap was $14,079,207,980 and a volume of 1,137,811,633. Momentum was gained by Ripple (XRP) when it reached $0.34 if this momentum was used by bulls Ripple (XRP) could have performed better as it did earlier breaking higher resistance levels.

Apart from this analysis, two digital currencies need special mentions one is Tezos (XTZ) which showed a good performance as it showed 8% positive growth and the next one is Bitcoin Cash (BCH) which had a bad day and performed worst showing negative growth of around 2%.

About Ritika Sharma

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Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.

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