As a seasoned researcher with extensive experience in cryptocurrency markets, I’ve witnessed numerous price fluctuations and trends. Today, I’m observing a bullish turnaround at the beginning of the week, with Bitcoin (BTC) and Ethereum (ETH) leading the charge.
Bulls have returned to the game at the beginning of the week, according to CoinMarketCap.
BTC/USD
The price of Bitcoin (BTC) has increased by 4.82% over the last day.
Each day, the Bitcoin rate has persisted in climbing higher on the chart following the bullish finish from the previous day. If today’s candle ends close to the resistance level of $63,302, there is a strong possibility that a breakthrough will occur, potentially leading to a leap towards the $66,000 region.
Bitcoin is trading at $62,864 at press time.
ETH/USD
Ethereum (ETH) is more of a gainer than BTC, going up by 5.12%.
From a technical perspective, Ethereum (ETH) is exhibiting trading patterns comparable to Bitcoin (BTC). If buyers manage to maintain control until the market closes for the day near current prices, there’s a likelihood that ETH will challenge its resistance level of $3,521 by week’s end.
Ethereum is trading at $3,358 at press time.
XRP/USD
XRP has gained the least today, rising by 0.88%.
On a daily basis, XRP‘s price movement remains distant from crucial milestones, implying neither buyers nor sellers are prepared for significant price action just yet. It’s more probable that the coin will continue to trade within the range of $0.52 to $0.55 in the coming days.
XRP is trading at $0.5303 at press time.
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2024-07-15 11:52