We can clearly see the first three green candlesticks moving Bitcoin towards $ 11,600 and the next three returning all gains and even dropping lower. Overall sentiment for Bitcoin continues to be positive despite the recent downtrend.
Ethereum price analysis: ETH / USD climbs 4% to $ 400 in just three hours
After a prolonged period of consolidation, Ethereum bulls are making a strong comeback, especially after some positive comments from Jerome Powell, the chairman of the US Federal Reserve.
XRP / USD massive dump at $ 0.257 after general market weakness
According to CoinMarketCap’s dominance chart, XRP is now down 3.3% dominance from its previous high of 3.83%, a low not seen since July 2020. XRP’s weakness is now fairly obvious as the digital asset will have very little support on the up to $ 0.20.