BTC, ETH and XRP Prediction for September 2

Some coins are coming back to the green zone, according to CoinStats.

BTC/USD

The rate of Bitcoin (BTC) has increased by 1.11% over the past day.

On the daily chart, the price of BTC is rising after yesterday’s bearish closure. However, bulls do not have enough energy yet for a midterm rise.

In this case, sideways trading in the area of $58,000-$60,000 is the more likely scenario.

Bitcoin is trading at $58,690 at press time.

ETH/USD

The price of Ethereum (ETH) is more bullish than BTC, going up by 2.35%.

From the technical point of view, the rate of ETH is approaching the resistance of $2,554. If the candle closes above it, one can expect a breakout, followed by a move to the $2,700 range.

Ethereum is trading at $2,519 at press time.

XRP/USD

The rate of XRP has risen by 0.49% over the last 24 hours.

On the daily chart, the price of XRP has once again made a false breakout of the support level of $0.5452. If the bar closes near its peak, the upward move may lead to a test of the $0.58 mark by the end of the week.

XRP is trading at $0.5578 at press time.

Source