BTC AND XRP – PRICES BREAKOUT WITH FURTHER APPRECIATION LOOKING AHEAD
BTC/USDThe price of Bitcoin has been increasing from last Friday when it was sitting around $11221 at its lowest and reached $11847 at its highest today which is an appreciation of 5.58%. Currently, we have seen a minor pullback but the price is still in an upward trajectory indicating strong bullish momentum.
XRP/USDFrom last Tuesday when the price of Ripple was $0.26 to at its highest we have seen a decrease of 8.22% measured to its Fridays low at $0.238. The price started increasing from there as it found support on the ascending trendline and came slightly above the $0.25 level but has since fallen again below the $0.2473 horizontal pivot point. Now it is again attempting to surpass the levels as it’s in an upward trajectory but we are yet to see if the momentum proves strong enough.
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