Ethereum

Bitcoin

<figure> 
 <figcaption>
  Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
<p>The rates of the coins keep setting new local lows, according to <a href="https://u.today/solana-sol-price-prediction-for-july-7">CoinMarketCap</a>.</p>
<img data-entity-type="file" data-entity-uuid="7c1fe99f-28b6-4b90-b9da-9e8719f44d50" src="https://u.today/sites/default/files/inline-images/top10_1222.png">Top coins by<a href="https://coinmarketcap.com/"> CoinMarketCap</a>
<h2 class="text-align-justify" id="btc-usd">BTC/USD</h2>
<p class="text-align-justify">The price of Bitcoin (BTC) has dropped by 2.71% over the last 24 hours.</p>
<img data-entity-type="file" data-entity-uuid="f1047b52-decf-4671-8a31-ac7ef1fc9fdf" src="https://u.today/sites/default/files/inline-images/btc_577.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT">TradingView</a>
<p>On the daily chart, the rate of BTC remains rather more bearish than bullish. However, one should pay attention to the nearest resistance level of $56,500.&nbsp;</p>
<p>If the candle closes near it or above, bulls may locally seize the initiative, which can lead to a test of the $57,000 area.</p>
<p>Bitcoin is trading at $56,246 at press time.</p>
<h2 class="text-align-justify" id="eth-usd">ETH/USD</h2>
<p class="text-align-justify">Ethereum (ETH) has followed the drop of BTC, going down by 2.58%.</p>
<img data-entity-type="file" data-entity-uuid="e644e678-1ee3-4283-9e97-7c39488383bb" src="https://u.today/sites/default/files/inline-images/eth_402.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSDT">TradingView</a>
<p>From the technical point of view, the price of ETH is looking more bullish than BTC. If the daily bar closes far from the support of $2,817 and with no long wick, the upward move may continue to $3,100 soon.</p>
<p>Ethereum is trading at $2,984 at press time.</p>
<h2 class="text-align-justify" id="xrp-usd">XRP/USD</h2>
<p class="text-align-justify">XRP is not an exception to the rule, falling by 3.27%.</p>
<img data-entity-type="file" data-entity-uuid="55f405c2-dad1-4aa7-bf1b-cc4a6fe76044" src="https://u.today/sites/default/files/inline-images/xrp_384.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT">TradingView</a>
<p>On the daily chart, the price of XRP remains bearish until it is below the $0.46 mark. Thus, the volume is low, which means bulls have not accumulated enough energy to seize the initiative.</p>
<p>XRP is trading at $0.4327 at press time.</p>

BTC, ETH and XRP Price Prediction for July 8

Table of Contents

U_Today

Other articles published on Jul 8, 2024

Solana co-founder proposes memecoin dev grants

Top Crypto Airdrops to Join

Breaking the Barriers: How Modular Blockchains are Reshaping the Blockchain Landscape

Metis (METIS) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Data Ownership Protocol (DOP) Gains Listing on 7 Major Exchanges: Bybit, KuCoin & More – Start Tr...

Riot Platform Launches New Website ABetterBitfarms.com

Join our free newsletter for daily crypto updates!