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Price Analysis

Ethereum (ETH), Ripple (XRP) Deal At A Moderate Loss; Bitcoin Cash (BCH) Indicates A Loss In The Last Week

Ethereum (ETH/USD) Price Analysis:

Ethereum is the second-largest coin in the market. The coin is currently dealing at $187.43. The price of the ETH coin is at a slight loss. The coin is expected to start the price surge soon. The last few days were quite volatile. Let’s have a look.

ETH Price Chart
ETH Price Chart

Starting from 16th August, Ethereum price slipped from $188.13 to $185.56 by 1.37%. On 17th August, the coin booked a slight escalation of 0.83% from $185.56 to $186.99. On 18th August, the ETH coin continued the escalation and jumped from $186.99 to $193.72 by 3.54%. On 19th August, the coin touched $202.97 from $193.72 by 4.77%. On 20th August, the ETH price slipped from $202.97 to $197.23 by 2.73%. On 21st August, the Ethereum continued the fall and shifted from $197.23 to $187.71 by 3.81%.

The future prospect of the ETH coin is bright. We are positive about the upsurge and hence recommend to dig in for a long-term. The same period would help traders book massive profits.

Ripple (XRP/USD) Price Analysis:

Ripple is the third-largest coin in the crypto market. XRP price is currently dealing at $0.26430. The Market Cap stands $11,367,883,120. The chart is reflecting a volatile movement in Ripple price.

XRP Price Chart
XRP Price Chart

XRP coin is dealing at a slight loss as the coin opened the week at $0.26510 and is now dealing at $0.26430. On 16th August, the coin marked regression of 1.46% from $0.26510 to $0.26123. On 17th August, the Ripple price escalated from $0.26123 to $0.26597 by 1.84%. On 18th August, the coin escalated from $0.26597 to $0.2834 by 5.62%. On 19th August, Ripple price started falling. The coin slipped from $0.2834 to $0.28278 by 0.25%. On 20th August, the coin slipped from $0.28278 to $0.27528 by 2.65%. On 21st August, Ripple price slipped from $0.27528 to $0.26723 by 2.92%.

XRP coin still holds the expectations of upsurge. The coin would give the best result if invested for the long-term.

Bitcoin Cash (BCH/USD) Price Analysis:

Bitcoin Cash is the fourth-largest coin in the crypto market. The weekly chart is indicating a moderate fall in the price of Bitcoin Cash. The same could be recovered if the price inclination starts soon. Let’s have a look at the BCH price chart.

BCH Price Chart
BCH Price Chart

Starting from 16th August, the BCH coin price slipped from $315.62 to $308.62 by 2.11%. On 17th August, the Bitcoin Cash slipped from $308.62 to $306.45 by 0.65%. On 18th August, the coin booked an escalation of 2.42% from $306.45 to $313.85. On 19th August, the coin jumped from $313.85 to $325.84 by 3.74%. On 20th August, the BCH price slipped from $325.84 to $313.29 by 3.85%. On 21st August, the Bitcoin Cash price slipped from $313.29 to $305.086 by 2.62%. The coin is currently dealing at $296.90. The coin opened at $305.086. The traders interested in the BCH coin can dig in for the long-term plan.

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Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.

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