BTC and XRP – Downtrend indicated
BTC/USDFrom last Monday the price of Bitcoin increased by 22.56% as it came up from $9867 measured to it’s highest point on Sunday at $12093 at its highest point, but since then made a decrease of 12.74% as it fell to $10542 at its lowest spike on the same day. From there the price has quickly snapped back above $11000 and after another retest started making a slight recovery coming to $11427 made at its highest yesterday. At the moment the price is hovering slightly lower at $11233 and is in a downward trajectory.
XRP/USDFrom Sundays high at $0.325 the price of Ripple has spiked down to $0.2416 at its lowest point which was a decrease of 25.73% but managed to snap back above $0.277 where the 15 min candle closed. After that, a lower low was made to the $0.275 area but soon after a recovery has started with the price moving back up to $0.32 making up the gains made until Sundays descending movement.
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