The market of cryptocurrencies is experiencing historical changes as many of the top trading cryptocurrencies are going through some major gains. Still, price corrections on a daily and weekly basis are bringing dips as well as the market trends are entering negative reversals. As Bitcoin is once again trading below 40,000$ at 35k, and Ethereum is still keeping support levels above 1,000$, how are BTC, ETH, LTC and XRP doing in the market for the past week?
Bitcoin (BTC) Weekly Price Analysis
- Bitcoin is trading at the price of 35,400$ after the latest price corrections
- BTC is showing gains by 12% for the week despite the latest dips
- The highest price for the week for BTC is 40,815$
- The lowest price for the week for BTC is 30,460$
- The difference between the highest and the lowest price for the week indicate major fluctuations in BTC price changes for the past week
- The yearly chart is showing 343% of gains
Ethereum (ETH) Weekly Price Analysis
- Ethereum is trading at the price of 1,090$ after the latest price change
- ETH is showing 6.3% of gains for the week
- The highest price for the week is 1,148$
- The lowest price for the week is 923$
- The yearly chart is showing major gains by 667%
- Ethereum broke the resistance of 1,000$ for the first time since January 2018
Litecoin (LTC) Weekly Price Analysis
- Litecoin is trading at the price of 139$ after the latest change in the market
- LTC is showing -8.55% of losses on the weekly chart
- The highest price for the week was 177$
- The lowest price for the week was 139$
- The yearly chart is showing gains by 182%
- LTC is trading over 80% up for the month
Ripple’s XRP Weekly Price Analysis
- XRP is trading at the price of 0.29$
- The weekly chart is showing 26.8% of gains
- The highest price for the week is 0.32$
- The lowest price for the week is 0.22$
- The yearly chart is showing 40.9% of gains
Image credits: Cover photo taken from Andre Francois McKenzie on Unsplash
