Bitcoin
$23,090.44
+193.52
(+0.85%)
Ethereum
$1,582.71
+9.08
(+0.58%)
Ripple
$0.40
0
(+0.55%)
Litecoin
$95.90
+2.47
(+2.64%)
EOS
$1.03
-0.02
(-1.43%)
Cardano
$0.38
+0.01
(+2%)
Stellar
$0.09
-0
(-0.29%)
NEO
$8.06
-0.05
(-0.6%)
NEM
$0.04
0
(+4.12%)
DigitalCash
$59.84
+0.02
(+0.03%)
Tether
$1.00
0
(0%)
Binance Coin
$308.75
-1.66
(-0.53%)
QTUM
$2.62
-0.01
(-0.42%)
Verge
$0.00
0
(+0.36%)
Ontology
$0.20
-0
(-0.44%)
ZCash
$44.81
-0.39
(-0.86%)
Steem
$0.19
0
(+1.01%)

Has the market accumulated enough energy for a continued rise?

0


The new week has begun with the growth of the market as all of the top 10 coins are in the green zone.

Chart

Top coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) has rocketed by 5.61% over the last 24 hours.

BTCUSD

BTC/USD chart by TradingView

Bitcoin (BTC) is again above the vital $30,000 mark. Moreover, the rate has broken $31,000 against the increased buying volume, which means that bulls are ready to keep the upward movement. If they can hold the gained initiative, the resistance at $32,650 might be attained very soon.

Bitcoin is trading at $31,364 at press time.

ETH/USD

Ethereum (ETH) is the biggest gainer today as the rate of the main altcoin has risen by 6.65%.

ETH

ETH/USD chart by TradingView

Ethereum (ETH) has followed the rise of Bitcoin (BTC). At the moment, one needs to pay close attention to the $1,900 mark.

If the daily candle fixes above it with no long wicks, there are good chances to see a further rise to the $2,000 zone by the end of the week.

Ethereum is trading at $1,916 at press time.

XRP/USD

XRP has gained the least, rising by only 2.59% since yesterday.

XRP

XRP/USD chart by TradingView

XRP has come back to the $0.40 mark, confirming bulls’ power. From another point of view, the rate remains trading in the middle of a wide range between the support at $0.3644 and the resistance at $0.4684. In this case, the more likely scenario is continued sideways trading around $0.40 so bulls accumulate more energy for the further rise.

XRP is trading at $0.4039 at press time.



Read More: Has the market accumulated enough energy for a continued rise?

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