Bitcoin Breakout to $105K, XRP Pushes for $3
The post Bitcoin Breakout to $105K, XRP Pushes for $3 appeared on BitcoinEthereumNews.com. Bitcoin (BTC) has been predicted to breach a major resistance level to hit a new all-time-high together with the two biggest altcoins, Ethereum (ETH) and XRP. Analysts believe that Bitcoin would first have to breach the $104k level, the $106k point, and the $109k zone to attain this feat. The total crypto market valuation has printed a 1.28% gain to reach $3.36 trillion as the “Fear and Greed Index” reaches the Greed territory. According to our market data, the altcoin Index has also receded to 30/100 from the 37/100 recorded days ago. Currently, bullish momentum continues to strengthen with more capital entering the market. In all, analysts have hinted that the much-anticipated bull run could just be around the corner. However, three main assets – Bitcoin (BTC), Ethereum (ETH), and XRP could dominate the run. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has printed gains across all the major trading sessions, rising by 0.11% in the last 24 hours, 6.7% in the last seven days, 22% in the last 30 days, and 7.8% in the last 90 days. According to our market data, the asset is trading at $103k with a trading volume of $51 billion. As indicated in our recent analysis, Bitcoin is currently facing three main barriers before setting a new all-time high price. The first is found at the $104,780 level. Breaking this point would position the price ahead of another psychological level at $106,000, where investors may be tempted to take profit. From here, the asset would have to deal with the $109k resistance level. Ethereum (ETH) Price Analysis Ethereum has emerged as one of the strong performers this week with a whopping surge of 41%. Currently, ETH trades at almost $2,600 with a market cap of $313 billion. Fascinatingly, investors who accumulated three months ago are…
The post Bitcoin Breakout to $105K, XRP Pushes for $3 appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) has been predicted to breach a major resistance level to hit a new all-time-high together with the two biggest altcoins, Ethereum (ETH) and XRP. Analysts believe that Bitcoin would first have to breach the $104k level, the $106k point, and the $109k zone to attain this feat. The total crypto market valuation has printed a 1.28% gain to reach $3.36 trillion as the “Fear and Greed Index” reaches the Greed territory. According to our market data, the altcoin Index has also receded to 30/100 from the 37/100 recorded days ago. Currently, bullish momentum continues to strengthen with more capital entering the market. In all, analysts have hinted that the much-anticipated bull run could just be around the corner. However, three main assets – Bitcoin (BTC), Ethereum (ETH), and XRP could dominate the run. Bitcoin (BTC) Price Analysis Bitcoin (BTC) has printed gains across all the major trading sessions, rising by 0.11% in the last 24 hours, 6.7% in the last seven days, 22% in the last 30 days, and 7.8% in the last 90 days. According to our market data, the asset is trading at $103k with a trading volume of $51 billion. As indicated in our recent analysis, Bitcoin is currently facing three main barriers before setting a new all-time high price. The first is found at the $104,780 level. Breaking this point would position the price ahead of another psychological level at $106,000, where investors may be tempted to take profit. From here, the asset would have to deal with the $109k resistance level. Ethereum (ETH) Price Analysis Ethereum has emerged as one of the strong performers this week with a whopping surge of 41%. Currently, ETH trades at almost $2,600 with a market cap of $313 billion. Fascinatingly, investors who accumulated three months ago are…
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