Bulls keep pushing the rates of the cryptocurrency market higher as all of the top 10 coins remain in the bullish zone.
The key data for Bitcoin (BTC), Ethereum (ETH) and XRP today:
|
Name
|
Ticker
|
Market Cap
|
Price
|
Volume (24h)
|
Change (24h)
|
|
Bitcoin
|
BTC
|
|
$37,908.14 | $80,007,151,058 | 8.54% |
|
Ethereum
|
ETH
|
$138,385,757,265 | $1,217.29 | $41,763,042,021 | 5.80% |
|
XRP
|
XRP
|
$15,711,305,743 | $0.3416 | $15,126,317,725 | 49.28% |
BTC/USD
Bitcoin (BTC) is not going to stop its bull run and, today, it has surpassed the $38,000 mark. Meanwhile, the growth over the last week has accounted for 30%.
On the daily chart, the nearest support is the mirror level at $34,800. At the moment, there are no prerequisites for the drop, as the rise continues after each short-term accumulation. However, such a move should be considered a correction to gather more power for a future rise.
Bitcoin is trading at $38,400 at press time.
ETH/USD
Ethereum (ETH) has gained the least from our list as the rate of the chief altcoin has increased by only 5.80% over the past 24 hours.
On the weekly chart, Ethereum (ETH) is getting closer to its all-time high. Bulls have low chances of breaking it for the first time, as a false breakout is the more likely price action. If that happens, the drop may go to the crucial mark of $1,000.
Ethereum is trading at $1,227.13 at press time.
XRP/USD
XRP is the top gainer today. The rate of the coin has rocketed by 50% since yesterday.
According to the daily chart, XRP has gotten out of the consolidation channel and is ready to continue its growth.
The rise is supported by high liquidity, which means that buyers are still accumulating power. In this case, the closest resistance is the mark of $0.43.
XRP is trading at $0.3395 at press time.
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