Crypto analyst Ali Martinez identified potential support areas for Bitcoin (BTC), Ether (ETH) and XRP (XRP), and Saturday’s market snapshot showed all three trading above those marks, giving traders reference points for the three markets.
As of 05:14 UTC Saturday, Bitcoin was $77,211.00, Ether was $2,239.50 and XRP was $1.24. CoinGecko and exchange spot data showed 24-hour declines of 1.64%, 0.34% and 1.07%, respectively.
Martinez said in an Oct. 29 post that he would watch $73,000 for BTC, $2,000 for ETH and $1 for XRP as support. He cautioned that the marks did not guarantee prices had reached a floor.
An Oct. 18 chart analysis by Martinez also placed XRP support at $1.25, with $1 as a downside level if XRP fell below $1.25. EconoTimes previously covered the conditional XRP chart setup.
