BTC, ETH and XRP Price Analysis for October 21

The cryptocurrency market is in the neutral zone on the first day of the weekend.

BTC/USD

The rate of Bitcoin (BTC) has almost not changed since yesterday.

On the daily chart, the price of Bitcoin (BTC) is trying to reach the vital zone of $30,000. If buyers manage to fix the price above it, the accumulated energy might be enough for a move to the resistance at $31,500. Such a scenario is relevant until the end of the upcoming week.

Bitcoin is trading at $29,849 at press time.

ETH/USD

Ethereum (ETH) could not follow the rise of Bitcoin (BTC), falling by 0.81%.

From the technical point of view, traders should pay attention to the nearest level of $1,639.5. If a breakout happens, the rise may lead to a test of the $1,700 area soon.

Ethereum is trading at $1,621 at press time.

XRP/USD

XRP also remains in the red zone, going down by 0.25%.

On the daily time frame, the rate of XRP is far from the resistance, which means it is too early to think about a midterm rise. If the rate returns to the $0.54 zone, the upward move is likely to continue to the $0.56-$0.58 area.

XRP is trading at $0.5234 at press time.

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