Market review, September 25, 2020

2020-25-09 12:13:49

Billionaire and cryptocurrency enthusiast Tim Draper said that in addition to bitcoin, his portfolio contains XRP and several other altcoins.

 

During an interview at an investor conference conducted by liquidity provider Linqto, Draper first named the cryptocurrencies he owns: 

 

“Yes, I’m keeping XRP. I also own Bitcoin, Bitcoin Cash, Tezos as well as Aragon. I believe in cryptocurrencies, and I see their popularity. They are essential to the world, and I want people to know about it so they can use cryptocurrencies,” he said.

 

Last year, the billionaire said he owned 30,000 BTC. In 2014, he bought them at $632 a coin. At present, their value exceeds $300 million, which gives a yield of 1,500%.

 

Earlier this year, Draper bought 2.52% of ANT tokens from the Aragon Dispute Resolution Platform. He expects this platform to change the way companies resolve their disputes.

 

It should be noted that in July, Draper already said that he owned not only bitcoin but also other cryptocurrencies. However, at that time, he did not name the coins kept in his portfolio.

 

Technical analysis of Bitcoin (BTC):

Over the past day, the price of bitcoin rose to the resistance level of $10,150. Then it dropped to the support level of $15,550. Now, the price of bitcoin is $10,630. In the future, we predict a decline. The nearest resistance levels are $10,700, $10,800, $10,900, $11,000, $11,100, $11,300, $11,400, $11,500, $11,650, $11,850, $12,000, $12,230, $13,000, $13,500. The nearest support levels are $10,500, $10,340, $10,300, $10,250, $10,200, $10,000, $9,850, $9,600, $9,400, $9,300, $9,200, $9,000, $8,600.

Technical analysis of Ethereum (ETH):

Over the past 24 hours, the price of ethereum rose to the resistance level of $350. Then it dropped to the support level of $335. Now, the price of ethereum is $346. In the future, we predict a decline. The nearest resistance levels are $350, $355, $365, $375, $380, $385, $390, $400, $410, $415, $420, $430, $440, $443, $470, $475, $500, $530. The nearest support levels are $330, $325, $310, $300, $290, $277, $270, $260, $257, $250.

Technical analysis of Ripple (XRP):

Over the past day, the price of ripple grew to the resistance level of $0.24. Now, it is $0.2390. In the future, we predict a decline. The nearest resistance levels are $0.2450, $0.2480, $0.25, $0.2550, $0.2580, $0.26, $0.27, $0.28, $0.29, $0.2960, $0.30, $0.3080, $0.31, $0.32, $0.3250, $0.3450. The nearest support levels are $0.2350, $0.23, $0.2250, $0.22, $0.2150, $0.21, $0.2060, $0.2020, $0.20.

Posted: 25.09.2020 | Korolowa Helena
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