Bitcoin, Ethereum and Ripple - how will they perform in the future?

Sentimental Analysis for Bitcoin Ethereum Ripple EOS Stellar

This is followed by United States dollars (24%), JPY (11.3%), Euro (3.9%), and KRW (2.6%).

Receive News & Updates for Bitcoin File Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Bitcoin File and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. The price for one XLM was Dollars 0.22.

Bitcoin's continued price fall may not be over as the original cryptocurrency hovers just below the $7,000 mark.

Bitcoin core (BTC) prices at the moment are around $6481 per BTC and the cryptocurrency's market valuation today is $111B.

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The 24-hour trading volume now stands at $320 million, higher than the $256 million recorded yesterday. More importantly, there was a break below a crucial bullish trend line with support at $6,800 on the same chart.

The drop in the price of Bitcoin came as a result of the SEC decision. Looking ahead at order books, BCH bulls need to surpass mega-resistance from now until $640 and after that, it may be easier to move northbound. Below here the November 6 low at $5,622 comes into play. The chart's two moving averages (MA) has the 100MA above the longer-term 200MA trendline which means things will likely stay bearish for the short term. Ether sellers took control and pushed the price below the $370 and $360 levels. There was even a break below the $350 support and a new monthly low was formed at $346. There was also a spike above the 23.6% Fib retracement level of the last drop from the $414 high to $346 low.

Oddly enough, Lee made no mention of his controversial $25,000 price prediction during this Fast Money episode, so it remains to be seen if this prediction is still on his radar. Due to the explosive December - January rally which saw XRP soar from $0.20 to $3.30, a lack of any technical support around current levels is notable on the charts. Now there is a slight fear that XRP may take a while to push through to $0.360, yet there is little worry of XRP slipping down to lower prices. Moreover, it coincides with the 88.6% Fibonacci retracement level of the last significant upward move from the $6,096 low to $8,510 swing high. The rest of the movements within the next few days will depend on whether or not BTC has a powerful enough under current to propel itself up and over $6 400.

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