Last edited: Dec 13, 2021

This week has been yet another turbulent one, but most coins ended in the green zone. Today we will take a look at the road of recovery of major coins such as BTC, ETH, XRP, and the price outlook for this week.

BTC: $50,108.07 (+1.9% last 7 days)

For this week, BTC started near the $50,000 mark, and swung in between the $48,000 to $52,000 region before dipping to $46,900 during December 11th. Fortunately, as forecasted last week, BTC manages to find itself above the $50,000 level to close this week, and will look to rally beyond this week’s volatile swings.

BTC price chart over the past 7 days (1 hour intervals)

ETH: $4,107.56 (-0.61% last 7 days)

As opposed to BTC, which lost more than 5% last week but gained nearly 2% this week, ETH continues its slide, but for less than a percentage point. ETH was actually performing quite well at the start of this week, reaching close to $4,500 at one point, but couldn’t keep up the pace as it dropped off at the end of the week. For this week, ETH will look to replicate last week’s strong start, but will look to close the week with a sustained rally.

ETH price chart over the past 7 days (1 hour intervals)

XRP: $0.8336 (+5.5% last 7 days)

XRP, on the other hand, is the second best performing large cap cryptocurrency, staying in the green throughout the week despite some swings in between. It has climbed out of the $0.77 zone, and is now working itself back towards $1, though that still seems like a hard target to hit before the end of this year, despite the good showings this week.

ETH price chart over the past 7 days (1 hour intervals)

DOT: $28.97 (+6.28% last 7 days)

DOT is the best performing coin this week, but it is overshadowed by the fact that it was also the worst performing coin last week, amid the massive market correction throughout the entire crypto landscape. DOT is still under the $30 price point, and to think it is comfortably above $40 just about a month ago, DOT still has ways to go before regaining momentum as one of the top 10 coins in terms of total market cap that has a ton of head space to grow into.

DOT price chart over the past 7 days (1 hour intervals)