Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH) Indicates Price Rally In Future
Ethereum (ETH/USD) Price Analysis:
Ethereum is at the second rank in the crypto market. The market cap of the coin is
$21,173,752,622 USD at 11:20 UTC. The coin has a high prospect of price escalation in the future. The weekly chart analysis is also giving good indications. Let’s have a look.
Starting from 14th August, the coin began the drop. Ethereum price fell from $209 to $189 by 3.39%. On 15th August, the coin dropped with a margin of 0.55% as price counters changed from $189 to $188. On 14th August, the drop continued and price changed from $188 to $184 by 1.34%. On 17th August, the price reflected a slight improvement. The coin escalated by 1.22%. The price jumped from $184 to $187. On 18th August, the coin jumped from $187 to $194 by 4.14%. On 19th August, the hike took the price to $203 from $194. Today the coin is seen dealing at a loss. The price slipped from $203 to $196 by 3.49%.
Apparently, the long term traders can dig in and book huge dividends in the future.
Ripple (XRP/USD) Price Analysis:
Ripple (XRP) is at the third rank in the crypto market. The market cap of the coin stands at $11,747,098,283 (11:23 UTC). The above-given price chart is indicating towards a future upsurge as the coin is reflecting a huge improvement in the price. Let’s have a deep look at the chart.
The week started with a heavy drop of 12.52% from $0.29 to $0.26. On 15th August, XRP registered an escalation of 1.14% from $0.261 to $0.264. On 16th August, the coin fell by 1.6215 from $0.0264 to $0.260 by 2.62%. The coin, further, jumped from $0.260 to $0.265 by 1.94%. On 18th August, the coin escalated from $0.265 to $0.279 by 5.18%. Yesterday, there wasn’t much movement in the coin. The coin opened at $0.279 and closed at $0.279. Today, the coin has again started falling. The price dropped from $0.278 to $0.0272.
The coin is popular for its marvelous momentum. The token would soon regain the same and start the price rally. We are quite positive that the currency would be good for long term traders.
Bitcoin Cash (BCH/USD) Price Analysis:
Bitcoin Cash is at the fourth rank in the crypto market. The market cap is noted as $5,715,815,265 at 11:26 UTC. The weekly chart is reflecting a stable movement in the coin. The same is due to Bitcoin (BTC) price momentum. The coin gets widely influenced by Bitcoin. However, the coin has a great prospect of improvement in the future, so investing in the coin wouldn’t go futile.
The weekly chart would give a more precise understanding of the coin. The coin chart is reflecting a heavy drop in the coin. On 14th August, the price slipped from $348 to $310 by 10.87%. On 15th August, the coin changed from $310 to $314 by 1.24%. On 16th August, the price slipped from $314 to $308. On 17th August, the price dropped from $308 to $306 by 0.66%. On 18th August, the coin jumped from $306 to $313 by 2.22%. On 19th August, it kept moving up from $313 to $325. The coin is currently dealing at $315.
We would recommend the traders to go for a long term investment to draw colossal profit in the coin.