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Cryptocurrency Price Analysis: Significant growth in last days until Today's red market (BTC, ETH, XRP, BCH, LTC) Wednesday, June 20

20 june 2018, 17:20 by Vergil Younge


Bitcoin Price Analysis

On June 16th, BTC was trading rather confidently and stable around the $6500 range with one sudden price drop to the $6414 from which BTC has recovered very quickly and even above the previous price range. It was then fluctuating around $6550, when on June 18th a huge price spike happened. BTC jumped from $6500 to $6760 in a matter of hours. Bitcoin is currently trading around $6650.

BTC/USD Price Chart, Wednesday June 20th:


Ethereum Price Analysis

In recent days, the lowest point for ETH was at $488 on June 16th, it has quickly recovered from it and was trading above $500 for the rest of the days, with one sudden price spike, which took ETH to the $520 highs and then $540. On June 20th, the price fell a bit from $540 to the $520 region and has been steadily fluctuating there with the price chart making sideways movements

ETH/USD Price Chart, Wednesday June 20th:


XRP Price Analysis

Ripple token has been very volatile in last days with huge price spikes and amplitudes. On June 16th, XRP was trading around $0.53 and the same day dropped to $0.52 just to reach almost $0.54 in next hours. XRP then went on a rather downhill trip with the price slowly decreasing in value to hit on June 18th the lowest point at $0.51. Then, the biggest spike happened with the coin jumping above $0.545 in a matter of hours and then hitting $0.557 the next day. Today, on June 20th, XRP fell from $0.55 down to $0.53.

XRP/USD Price Chart, Wednesday June 20th:

Bitcoin Cash

Bitcoin Cash Price Analysis

Bitcoin Cash followed the price movement of most of other altcoins and dropped in value on June 16th, when it reached $839, then recovered to $860 just to start going down to hit the lowest point on June 18th. From $831, BCH then jumped almost to $900, which was one of the most notable price increases among top cryptocurrencies. The highest mark was reached on June 19th, with BCH being traded for $918. Currently, it dropped to $870 and is making sideway movements.

BCH/USD Price Chart, Wednesday June 20th:


Litecoin Price Analysis

LTC hasn't experienced notable price changes so far this week, with the price fluctuating around $95 in both ways. The lowest point was reached on June 18th with LTC being traded slightly below $94. The price seemed to really struggle to achieve $100, as even in the most positive price increases it stopped around $99, and when LTC exceeded $100 by few cents on June 19, it has dropped very quickly back to the $98-99 region. Today's price fall put LTC to be trading around $96 range.

LTC/USD Price Chart, Wednesday June 20th:

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