Bitcoin, Ripple Price Analysis: September 2, 2021

Bitcoin BTC Post Covid Crash Rally KAafnV

Bitcoin knocks at $50,000 after a lock-step trading from the key 200-day Support around $46,000.
XRP makes its way to $1.25 while the Ripple vs. SEC lawsuit drags on the US court.

Most cryptocurrencies appear to have been triggered following a few days of mundane price action, especially Bitcoin. All the top ten crypto assets are in the green led by Dogecoin, Cardano, and Polkadot.
Bitcoin is up 5.7% and trading at $49,634 at the time of writing. Ethereum started the bullish action on Wednesday as it struck above $3,500. Currently, the gigantic smart contract token is teetering at $3,754. Bulls are unlikely to rest until Ether hits $4,000.
Solana has taken a step back from the rally, settling slightly above $110. A new all-time high was recently achieved, close to $130. The Smart contract token retreated to $100 before rising above the prevailing support.
Bitcoin:-
The latest support at the 200-day Simple Moving Average (SMA) curtailed bearish advances from pulling Bitcoin further do

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Źródło: https://coingape.com/bitcoin-ripple-price-analysis-september-2-2021/

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