As a seasoned crypto investor with a decade of experience navigating the volatile waters of digital currencies, I must say that this new week is shaping up to be quite promising, especially for Bitcoin (BTC). Having weathered numerous market corrections and bull runs, I can’t help but feel a sense of cautious optimism as BTC sets yet another all-time high.
A new week has started positively for most of the coins, according to CoinMarketCap.
BTC/USD
The rate of Bitcoin (BTC) has risen by 3.09% since yesterday, having set a new all-time high.
On a daily basis, Bitcoin’s price has been on an uptrend following yesterday’s bullish finish. With no significant resistance levels in sight, it’s crucial to watch the next bar’s high at approximately $81,482. If the closing price strays far from this level, the upward trend is likely to persist further.
Bitcoin is trading at $82,063 at press time.
ETH/USD
Unlike other coins, the price of Ethereum (ETH) has dropped by 0.44% over the last 24 hours.
Looking at the technical aspect, it’s important to note the high point of $3,248 from yesterday’s bar. If the buying pressure persists, there could be a breakthrough in levels, potentially leading us towards the $3,300-$3,400 range fairly soon.
Ethereum is trading at $3,186 at press time.
XRP/USD
The rate of XRP has increased by 0.21% over the last day.
Looking at the day-to-day chart, XRP’s price appears to have breached its $0.6069 resistance level prematurely. But if it returns to this point, there’s potential for a surge towards the $0.64 region before the week concludes.
XRP is trading at $0.5855 at press time.
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2024-11-11 16:24