As a seasoned crypto investor with over five years of experience under my belt, I must say that today’s market trends have brought a smile to my face. After the slight correction we witnessed, it seems like most coins are back in the green zone, and the top three – BTC, ETH, and XRP – are all showing promising signs of growth.
After a minor adjustment, most of the coins are now back within the ‘green zone’ as reported by CoinMarketCap.
BTC/USD
The price of Bitcoin (BTC) has risen by 1% over the last 24 hours.
On a day-to-day graph, Bitcoin’s rate appears to be on an upward trajectory once more. Should the closing price approach or surpass the resistance level of $99,100, traders might see a challenge of the new peak record by the week’s end.
Bitcoin (BTC) is trading at $98,274 at press time.
ETH/USD
Ethereum (ETH) is more of a gainer than BTC, going up by 4.12% since yesterday.
Focusing on the technical aspects, it’s crucial to keep an eye on the daily price closing levels around $3,497.
If the candle ends at a significant distance from its current level, there could be an imminent price adjustment that might bring us back to the $3,400 zone.
Ethereum is trading at $3,472 at press time.
XRP/USD
XRP is not an exception to the rule, growing by 6.41%.
On a day-to-day basis, the price of XRP is once more attempting to reach the nearby threshold of $1.50. Should it surpass this level, the stored momentum could potentially fuel further growth towards approximately $1.60.
XRP is trading at $1.478 at press time.
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2024-11-25 17:01