BTC, ETH and XRP Price Analysis for November 27

Bears are not going to give up, according to CoinStats.

BTC/USD

The rate of Bitcoin (BTC) has declined by 1.19% since yesterday.

The price of BTC has continued yesterday’s drop. Despite today’s decline, there are no reversal signals yet. In this case, if the bar closes below the $37,000 zone, the correction may continue to the $36,000 mark soon.

Bitcoin is trading at $36,996 at press time.

ETH/USD

Ethereum (ETH) is not an exception to the rule, falling by 2.1%.

From a technical point of view, Ethereum (ETH) is trading similarly to BTC. If bulls lose the important zone of $2,000, traders may expect a test of the $1,900-$1,950 area this week.

Ethereum is trading at $2,028 at press time.

XRP/USD

XRP is the biggest loser today, declining by almost 4%.

At the moment, one should focus on the zone of $0.60. If its breakout happens, there are all the chances to expect an ongoing decrease to the support of $0.5491 shortly.

XRP is trading at $0.6022 at press time.

Source