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Bulls proved stronger than bears on the last day of the week, according to CoinStats.
The Bitcoin (BTC) rate has increased by 1.35% since yesterday. Over the past week, the price has fallen by 2.69%.
On the daily time frame, BTC trades sideways, accumulating energy for further movement. In this case, it is unlikely that any highs or lows will occur soon.
Overall, a consolidation between $42,000 and $43,000 is the most likely scenario for next week.
Bitcoin is trading at $42,571 at press time.
The price of Ethereum (ETH) increased by 0.73% in the last 24 hours.
Ethereum (ETH) looks more bullish than Bitcoin (BTC) on the daily chart. If the growth continues up to $2,350 and settles above, the long buildup could be enough for a breakout of resistance, followed by a move towards the $2,500 area.
Ethereum is trading at $2,314 at press time.
The XRP rate has increased by 0.33% since yesterday.
XRP price continues to trade sideways for a few consecutive days. The drop in volume confirms that sharp moves are unlikely to occur anytime soon. In this regard, continued consolidation in the range of $0.61 to $0.64 is the most likely scenario.
XRP is trading at $0.6237 at press time.