Ethereum

Bitcoin

<figure>
 <figcaption>
  Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<p>The market keeps facing a correction, according to CoinMarketCap.</p> <img data-entity-type="file" data-entity-uuid="9e0fea59-6897-4ec8-9ba6-54f6b28f2585" src="https://u.today/sites/default/files/inline-images/top10_838.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="btc-usd">BTC/USD</h2>
<p class="text-align-justify">The rate of Bitcoin (BTC) has dropped by 1.17% since yesterday.</p> <img data-entity-type="file" data-entity-uuid="e3bf3d16-bc83-4dbd-aadc-c449558771e3" src="https://u.today/sites/default/files/inline-images/btc_528.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>On the daily chart, the price of BTC is trading near the support level of $40,228. If a bounce back does not happen, there is a high chance of seeing a breakout, followed by a further decline to the $39,000-$40,000 area.</p>
<p>Bitcoin is trading at $41,407 at press time.</p>
<h2 class="text-align-justify" id="eth-usd">ETH/USD</h2>
<p class="text-align-justify">Ethereum (ETH) has followed Bitcoin (BTC), going down by 2.40% over the last day.</p> <img data-entity-type="file" data-entity-uuid="50b3fa48-9a91-49a6-a67e-478fdf987d07" src="https://u.today/sites/default/files/inline-images/eth_360.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>From the tecnical point of view, Ethereum (ETH) is trading similarly to BTC as its rate has also touched the support level. If the candle closes near $2,136, the accumulated energy might be enough for a drop to the $2,000 zone.</p>
<p>Ethereum is trading at $2,153 at press time.</p>
<h2 class="text-align-justify" id="xrp-usd">XRP/USD</h2>
<p class="text-align-justify">XRP is the biggest loser from the list, falling by 3.59%.</p> <img data-entity-type="file" data-entity-uuid="387b6d18-3a89-4bc3-8d6e-992ceaf62b2f" src="https://u.today/sites/default/files/inline-images/xrp_334.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSD" rel="noopener noreferrer nofollow">TradingView</a>
<p>On the daily time frame, the price of XRP has once again approched the support level of $0.5860. If the bar closes near it, traders may expect a dump to the $0.55-$0.58 area soon.</p>
<p>XRP is trading at $0.5939 at press time.</p>

BTC, ETH and XRP Price Analysis for December 18

Table of Contents

U_Today

Other articles published on Dec 18, 2023

FTX unveils plan for creditor repayment, but key questions unresolved

Bitcoin Price Drop: Will It Fall Below $40,000?

As Bitcoin price stagnates, what’s next for its prediction?

Cipher Scales BTC Mining Operation with 37,000 Bitmain Antminers Worth $100M

Is Shiba Inu Going to Zero? SHIB Price Suddenly Drops 11% as New Meme Coin Takes the Limelight

Here is the Bullish Trade Setup for the Dogecoin (DOGE) Price to Reach $0.1

Join our free newsletter for daily crypto updates!