As a seasoned crypto investor with a knack for spotting trends and navigating market volatility, I must admit that this week’s bullish momentum has my heart racing! The green on CoinMarketCap is as invigorating as a freshly brewed morning coffee.
A new week has started mainly bullish for most of the coins, according to CoinMarketCap.
BTC/USD
Bitcoin (BTC) is one of the biggest gainers today, going up by 3.2%.
On the daily chart, the rate of BTC is growing after yesterday’s bearish closure.
Should purchasers maintain control of the emerging momentum throughout the day, it’s possible that we might witness a test of the resistance level at approximately $66,450 later on.
Bitcoin is trading at $64,943 at press time.
ETH/USD
Ethereum (ETH) has followed the upward move of BTC, rising by 3.36%.
After surpassing the $2,499 barrier, the value of Ethereum (ETH) appears to be increasing significantly. As long as the price remains above this level, the bulls have the upper hand in the market, suggesting potential continued growth.
Ethereum is trading at $2,563 at press time.
XRP/USD
XRP is the least gainer today, as its rate has increased by only 1.08%.
In simpler terms, when looking at daily trading, keep an eye on the $0.5444 mark. If this level is broken through without a significant dip (long wick), it could indicate a potential test of the $0.56 price range in the near future.
XRP is trading at $0.5402 at press time.
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2024-10-14 18:54