RATE Group | XRP/USD climbs to 10-week highs above $0.25
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XRP/USD climbs to 10-week highs above $0.25

02 Feb XRP/USD climbs to 10-week highs above $0.25

Posted at 17:15h in Cryptocurrency News by

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  • Bitcoin underperforms, continues to move sideways below $9,500.
  • Ethereum gains traction, trades above $190 for first time since November.
  • Ripple jumps to highest level in ten weeks above $0.25.

Although it looked like major cryptocurrencies were looking to end the week in a quiet manner, Ethereum and Ripple both gained traction and posted strong gains on Sunday while Bitcoin struggled to gather enough momentum to break above its near-term resistance area.ş

Top-three coins price overview

Bitcoin (BTC/USD) continues to trade sideways following the rally witnessed earlier in the week. As of writing, the pair was up 0.55% on the day at $9,425. $9,500 – $9,600 area (static resistance, Fibonacci %78.6 retracement of the Oct. 25 – Dec. 18 drop) continues to keep the pair’s upside capped. If the BTC/USD clears that hurdle, it could aim for $10,000 (psychological level) and $10.400 (Oct. 26 high). On the downside, supports are located at $9,000 – $8,900 (Fibonacci…

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