Daily Price Analysis 30/09: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Stellar (XLM) Litecoin (LTC)

The cryptocurrency market is trading in the green again as most cryptocurrencies recorded gains over the past few hours. The total market cap has risen to $221 billion following a slight slump yesterday.

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The cryptocurrency market is trading in the green again as most cryptocurrencies recorded gains over the past few hours. The total market cap has risen to $221 billion following a slight slump yesterday.

The daily market trading volume dropped to $14 billion, from the $15 billion recorded yesterday.

Bitcoin price analysis

Bitcoin is up by less than 1% over the past 24 hours, rising from $6,559 yesterday to now trade at $6,569.

The rise comes as the general market experience slight gains across the board.

The daily trading volume is meanwhile down by $1 billion, from yesterday’s $5.1 billion to now stand at $4.1 billion.

Over the past five days, Bitcoin has been fairly stable, trading at $6,554 five days ago and maintaining that price except for a small spike to $6,800 witnessed during the week.

Ethereum price analysis

Ethereum has climbed back to $230 per coin following a drop to $217 yesterday. ETH was trading at $230 earlier yesterday but dropped to $217 as the market traded in the red zone. It, however, surged by nearly 6% to now trade at $230 again.

The 24-hour trading volume also stands at its level yesterday, reading $2.1 billion.

Against the USD, Ethereum is up over 1% over the past five days. ETH was trading at $225 five days ago but has gone up to now trade at $230. It is also up over 1% against Bitcoin during that time period.

Ripple price analysis

Ripple has continued its ascent, rising by nearly 8% over the past 24 hours. XRP was trading at $0.56 yesterday but has now gone up to reach the $0.57 mark. The daily trading volume now stands at $1 billion, up from $700 million recorded yesterday.

XRP’s five-day chart shows that it is 19% up against USD over the past few days. It was trading at $0.47 five days ago but has surged by nearly 20% to now trade at $0.57.

XRP is up 20% against BTC over the past five days.

EOS price analysis

EOS has dropped over the past few hours, losing roughly 1% of its value. It was trading at $5.71 yesterday has since fallen to $5.65.

The daily trading volume has slipped for the second consecutive day, from $749 million yesterday to $631 million now.

The fifth largest cryptocurrency is has returned to its valuation as it was five days ago, despite experiencing a turbulent week.

Against BTC, EOS is down by 0.3% over the past five days.

Stellar Lumen price analysis

Stellar has also been able to maintain its price over the past few hours. XLM was trading at $0.25 yesterday and is still trading at the mark. Similarly, the 24-hour trading volume has also remained stagnant at $53 million.

Against the U.S. Dollar, XLM is up by less than 1% over the past five days as it is still trading at the $0.25 mark. Against BTC meanwhile, it is up by less than 0.1% over the past few days.

Litecoin price analysis

Litecoin has lost 1% of its value over the past 24 hours, falling slightly from $61 yesterday to $60 per coin today. The daily trading volume has also dropped for the second consecutive day, from $408 million yesterday to $361 million now.

A look at its chart shows that LTC is up 4.5% against the USD over the past few days. The coin was trading at $57 five days ago but surged to a weekly high of $65 before now dropping to $60.

Against BTC meanwhile, LTC is up 3% over the past few days.

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