Bitcoin (BTC), Ethereum (ETC), Ripple (XRP) Prices Get Bit By The Bear; Price Recovery Delayed

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Bitcoin (BTC/USD) Price Analysis:

BTC Price Chart

Bitcoin is the largest coin in the crypto market. The market cap is marked as $181,384,126,157 at 11:08 UTC. The coin is often seen anchoring many coins in the market. The coin was indicating an upsurge in the above chart but fell on its knees today. The price rally, which was around the corner seems to get delayed. Let’s have a look at the chart. The coin started the week with a moderate movement. The price shifted from $10268 to $10260 by 0.08% on 17th August. Next day, the coin moved slightly upward from $10260 to $10318 by 0.57%. On 19th August, the coin moved from $10318 to $10908 by 4%. On 20th August, the coin slipped from $10908 to $10775 by 1.22%. On 21st August, the coin kept falling from $10775 to $10100.

The coin would soon rise and give an astonishing result. We would recommend investing for the long term in the coin.

Ethereum (ETH/USD) Price Analysis:

ETH Price Prediction
ETH Price Chart

Ethereum is the second-largest coin in the market. The market cap of Ethereum is noted as $20,202,366,179 at 11:10 UTC. The chart is reflecting a heavy drop in the price. Well, the drop seems tremendous, but Ethereum (ETH) know to deal with it too. We are pretty sure that the coin would see the rising sun soon. Starting from 17th August, the coin registered an upsurge of 0.72%. The price switched from $185 to $187. On 18th August, the coin escalated from $187 to $195 by 4.39%. On 19th August, the coin jumped from $195 to $202 by 3.88%. On 20th August, the coin fell from $202 to $197 by 2.72%. On 21st August, the coin further fell from $197 to $186 by 5.29%.

The coin is best recommended for long term traders. They are supposed to earn a huge profit in the future.

Ripple (XRP/USD) Price Analysis:

XRP Price Chart
XRP Price Chart

Ripple (XRP) the third largest coin in the market. The market cap is noted as $11,337,971,870 at 11:13 UTC. The price chart is reflecting the price movement for the last 5 days. The chart is indicating a heavy fall in price. On 17th August, the coin registered an escalation of 2.21%. The coin changed from $0.260 to $0.266. On 18th August, the coin switched from $0.266 to $0.283 by 6.62%. On 19th August, the coin experienced a fall of 0.93% from $0.283 to $0.281. On 20th August, the coin fell from $0.28 to $0.27 by 2.20%. On 21st, the coin has witnessed a drop of 3% till now. The price counters have changed from $0.27 to $0.26.

However, we strongly believe that the coin and the entire market would be seen recovering soon. We are quite positive that the currency would give the best result to the long term trader.