Bitcoin is at the head of the latest bull run, while the rest of the market is following a major uprise of the top crypto. While Bitcoin found new highs at above 17,000$, aiming to get back to an all-time high of 19,000$ as recorded in December of 2017, the rest of the crypto market is also scoring gains. How are Ethereum, Bitcoin, Litecoin, and Ripple’s XRP performing in the last 7 days?
Bitcoin (BTC) Weekly Analysis
Bitcoin is trading close to 17,500$ even after the latest daily dip of over -3%. The present gains for the year are set at 112% with other charts showcasing gains as well. The monthly chart is showing over 48% of gains, followed by biweekly showing 23% and the weekly chart showcasing 11%. The lowest price for the week for BTC is set at the value of 15,984$ and the highest price for the week saw Bitcoin trading at the value of 17,829$. In the meantime, on November 19th, Bitcoin reached the value of 18,236$.
Ethereum (ETH) Weekly Analysis
Ethereum is one of the top gaining cryptos in the market with the latest price corrections that may be partially driven by the latest Bitcoin bull run. Ethereum is showing over 161% gains for the year. At the same time, ETH is showing gains on all charts with weekly gains set a modest 0.7%. The biweekly chart is showing 16% of gains, followed by monthly recording 22.8% of rises. The highest price for the week is 482$ and the lowest is set at 449$. The current price is somewhat set in the middle, reading 465$.
Litecoin (LTC) Weekly Analysis
Although Litecoin is trading far from its all-time high of 360$, currently at the price of 74$, LTC is showing positive momentum in the market. The crypto is showing 22% gains for the year, in addition to trading up by 21.8% in the last seven days. For the month, LTC is showing 50% gains, and biweekly gains are set at 32%. The lowest price for the week is 60$, and the highest is set at 76$.
Ripple (XRP) Weekly Analysis
Ripple’s XRP managed to get past a strong resistance of 0.26$ and 0.25$, now trading at 0.28$ and heading for 0.30$ with the latest gains. With weekly gains at 11.6% and the yearly at 12%, the highest price for the week is 0.30$ and the lowest is 0.25$.
Image credits: Stanislaw Zarychta on Unsplash
