XRP, Ethereum and Polkadot Price Analysis: 15 August

As Bitcoin dipped, Ethereum too registered a 1.4% decline in costs during the last 24 hours. Altcoins similar to XRP have paved their very own commerce trajectory as they recorded a multi-month excessive after surging by 22% since yesterday. DOT, regardless of rising solely 0.9%, stored inching nearer to check its $22.82 resistance mark. 


XRP, Ethereum and Polkadot Price Analysis: August 15

XRP/USD, TradingView

XRP registered a staggering 22% development during the last 24 hours, because it touched a excessive at $1.24. With a continued uptrend, XRP may topple over its $1.31 resistance.

Indicators displayed bullish momentum out there. Superior Oscillator famous rising inexperienced sign bars together with MACD flashing a bullish crossover, adopted by inexperienced bars on its histogram. 

Relative Power Index highlighted that XRP was overbought nevertheless, it additionally flashed bearish divergence, thereby hinting at doable probabilities of a value decline. In case XRP’s uptrend retreats, it could discover assist on $1.06.

Ethereum (ETH)

XRP, Ethereum and Polkadot Price Analysis: August 15

ETH/USD, TradingView

Ethereum’s upward motion was halted because the coin registered a 1.4% fall during the last 24 hours. ETH was priced at $3162 and with an additional fall in costs, ETH may contact the $3009.81 assist line.

The 4-hour chart underlined a bearish sentiment out there. Pink sign bars had been seen on the Superior Oscillator together with pink bars noticed beneath the midline on the MACD histogram. 

Bollinger Bands opened up and steered possible probabilities of elevated market volatility. In case the bulls regain power, ETH may retest the $3322.80 speedy resistance mark.

Polkadot (DOT)

XRP, Ethereum and Polkadot Price Analysis: August 15

DOT/USD, TradingView

DOT’s motion on the charts was minor with reference to the beneficial properties it registered. Over the past 24 hours, it gained solely 0.9% as costs stood at $22.01. 

DOT registered a downtrend on its four-hour chart, Superior Oscillator flashed pink sign bars above the half-line whereas MACD recorded an onset of bearish motion. A fall from its present degree would make DOT fall to the $20.72 assist.

The Parabolic SAR additionally validated the downtrend by observing a dotted line above the candlesticks. DOT has tried to topple over its $22.82 resistance, a few instances over the previous few days. It’s probably {that a} tiny thrust may ship DOT above the identical.

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