Here is the price analysis of top three cryptocurrencies. As these digital currencies has been consolidating near the highs. However, lets study the charts and see whether this trend is likely to continue.
It has been facing the resistance at the lifetime highs. Therefore, it has not given up its gains. Accordingly, one August 1st the bitcoin price was $2839.18 and comparatively it has been up surging continuously and the today the bitcoin price is $4591.82 i.e., on August 31st.
Bitcoin was impressively making an all new high time. Meanwhile Ethereum made an effective progress in an August month. Ethereum(ETH) price climbed to $381.98 on August 31st. As on 1st August the price was $225.71.
Bitcoin Cash (BCH):
Bitcoin Cash(BCH) is slowly drifting down towards a support level of $550. According to CoinMarketCap, on August 1st, the price of Bitcoin cash was $370.44 and it upsurges to $589.91 today i.e., August 31st.