BR Analysis. The most popular cryptocurrencies on August 8

Sentimental Analysis for Bitcoin Ethereum Ripple EOS Stellar

With the help of coin.ph, this water bill can be easily and conveniently paid for with cryptocurrencies and very soon the native cryptocurrency of Ripple, XRP can also be used for the same objective.

XRP current price is $0.340770 with a marketcap of $13,392,208,591.00.

Ethereum Classic is becoming a trending cryptocurrency after Coinbase launched ETC trading on Coinbase PRIME and PRO platforms recently. All top ten altcoins are now in the red with MIOTA, EOS, and XRP leading the way in 24-hour price percentage declines.

Despite the recent collapse, Vikky Token and Bankcoin registered more than 300% gains.

Some say the price is still reeling following the news, two weeks ago, that the Winklevoss twins' application for a Bitcoin ETF was denied for the second time by the SEC. BTC/USD is now testing an important support at $6,400, below which, it could slide to $6,000. Looking ahead at order books, BCH bulls need to surpass mega-resistance from now until $640 and after that, it may be easier to move northbound. For instance, BTC/USD spot prices have dipped three times to the $5,600-5,800 region but have not dropped less than that yet.

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However, buyers faced a strong resistance area near $6,620 and the 21 SMA. If the price breaks down, it could resume its downside move below the $570 level. It dropped below $6,000 at the end of June - its lowest value all year, according to Coindesk. Meanwhile, the near-term support is seen at $400.00 and resistance at $420.00. Later, the price started an upside correction and traded above the $580 level. There was even a break below the $350 support and a new monthly low was formed at $346.

Therefore, the price may perhaps recover a few points from the $6,400 support. However, buyers failed to keep the price above $362.

Oddly enough, Lee made no mention of his controversial $25,000 price prediction during this Fast Money episode, so it remains to be seen if this prediction is still on his radar. The next supports are at $335 and $315. Those will be hence added to the list of other already supported pairs which now include: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and TrueUSD (TUSD). XRP/USD declined heavily and broke a crucial support level near $0.4240.

There were nasty declines noted in EOS price this past week against the US Dollar.

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