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