Ethereum

Bitcoin

<figure>
 <figcaption>
  Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<p>Buyers are trying to seize the initiative in the second part of the day, according to <a href="https://u.today/ada-and-bnb-prediction-for-august-12" rel="noopener noreferrer nofollow">CoinStats</a>.</p> <img data-entity-type="file" data-entity-uuid="08471735-7419-43d2-9199-e997b85b760b" src="https://u.today/sites/default/files/inline-images/top10_1292.png">Top coins by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="btc-usd">BTC/USD</h2>
<p class="text-align-justify">The rate of Bitcoin (BTC) has fallen by 1.7% over the last 24 hours.</p> <img data-entity-type="file" data-entity-uuid="fcccd822-dd94-4041-819a-36c2978ae0ac" src="https://u.today/sites/default/files/inline-images/btc_587.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
<p>Despite today's decline, the price of BTC has not dropped after yesterday's bearish closure. If bulls can hold the gained initiative and the candle closes around the current prices, one can expect a test of the resistance level of $62,151 soon.</p>
<p>Bitcoin is trading at $60,193 at press time.</p>
<h2 class="text-align-justify" id="eth-usd">ETH/USD</h2>
<p class="text-align-justify">Unlike Bitcoin (BTC), the price of Ethereum (ETH) has gone up by 1.03% since yesterday.</p> <img data-entity-type="file" data-entity-uuid="29a4538f-e789-40c2-a884-b11c2d178806" src="https://u.today/sites/default/files/inline-images/eth_406.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ETHUSDT" rel="noopener noreferrer nofollow">TradingView</a>
<p>On the daily chart, one should pay attention to the nearest level of $2,724. If it breaks out, the accumulated energy might be enough for a blast to the $2,800-$2,900 zone.</p>
<p>Ethereum is trading at $2,689 at press time.</p>
<h2 class="text-align-justify" id="xrp-usd">XRP/USD</h2>
<p class="text-align-justify">The price of XRP has dropped by almost 1% over the last day.</p> <img data-entity-type="file" data-entity-uuid="7c148258-8d1d-486b-be61-0bbc790ea1dd" src="https://u.today/sites/default/files/inline-images/xrp_392.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/XRPUSDT" rel="noopener noreferrer nofollow">TradingView</a>
<p>From the technical point of view, the rate of XRP is far from the key levels, which means neither buyers nor sellers have accumulated enough strength for a sharp move. In this regard, ongoing sideways trading in the range of <a href="https://u.today/xrp-prediction-for-august-11" rel="noopener noreferrer nofollow">$0.56-$0.60</a> is the more likely scenario for the next few days.</p>
<p>XRP is trading at $0.5745 at press time.</p>

BTC, ETH and XRP Prediction for August 12

Table of Contents

U_Today

Other articles published on Aug 12, 2024

Sei Network (SEI) Set for a 200% Rally? Popular Analyst Thinks So

Dogwifhat (WIF) Price Soars 60% This Week, Eyes $3 This August?

What is Ethena Labs’ USDe Stablecoin?

Robinhood Appoints AI Expert Jeff Pinner as New CTO

Binance to Convert 15 Delisted Tokens to USDC Starting September 2

Shiba Inu (SHIB) Fighting off Bears in Unusual Way

Join our free newsletter for daily crypto updates!