#BullRun BTC, ETH and XRP Price Analysis for November 6
The cryptocurrency market keeps rising, according to CoinStats.
Top coins by
#coinstats BTC/USD
The rate of Bitcoin (BTC) has gone up by 0.91% over the last 24 hours.
Image by TradingView
On the daily chart, the price of
$BTC is looking bullish as it is on its way to testing the resistance of $35,612. If the bar closes above that mark, the growth may continue to the $36,000 zone this week.
Bitcoin is trading at $35,171 at press time.
ETH/USD
Ethereum (ETH) is the biggest gainer from the list today, rising by 1.73%.
Image by TradingView
From the technical point of view, Ethereum (
$ETH ) is looking even more bullish than Bitcoin (
#BTC ). If today's bar closes above yesterday's peak, the growth is likely to continue to the vital zone of $2,000 until mid-November.
Ethereum is trading at $1,909 at press time.
XRP/USD
XRP is not an exception to the rule, rocketing by almost 12%.
Image by
#tradingview The growth of
$XRP has continued after yesterday's bullish closure. If the bar closes with no long wick, one can expect a quicker test of the area of $0.80.
Such a scenario is relevant until the end of the week.
XRP is trading at $0.7230 at press time.
#MagicEden