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Bulls managed to seize the initiative as most of the coins returned to the green zone.
BTC/USD
Bitcoin (BTC) price is up almost 2% in the last day.
Bitcoin (BTC) has bounced off the $20,000 mark again, meaning buyers are poised for continued growth. If the daily candle closes near the $20,577 resistance level, the breakout could be a prerequisite for a strong move into the $20,800-$21,200 zone by mid-September.
Bitcoin is trading at $20,293 at press time.
ETH/USD
Ethereum (ETH) is the biggest gainer from the list today, up 4% in the last 24 hours.
Ethereum (ETH) has broken above $1,600, confirming buyer pressure. For now, despite the low volume, the price is slowly approaching the $1,721 resistance level.
If the bulls can hold the gained initiative, there are chances of an upward move to $1,800 by the end of the week.
Ethereum is trading at $1,637 at press time.
XRP/USD
XRP followed the rise of Bitcoin (BTC) and other coins, up 1.46%.
Despite surging slightly, XRP is in the middle of the channel, between the $0.3213 support and $0.3373 resistance. Currently, neither side has accumulated enough energy for a sharp move. However, if buyers can fix above the $0.3350 level, growth could soon resume to $0.35.
XRP is trading at $0.3304 at press time.
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