Which cryptocurrencies have returned to bullish trend?
The bulls have totally returned to dominance as all of the top 10 coins are now trading in the green zone.
BTC/USD
After a slight decline, the price of Bitcoin (BTC) has risen by 2.30% over the last day.
Bitcoin (BTC) Rate Touched $43,000; however, he failed to secure over the top on the first attempt. Thus, the volume of buy trades has decreased, which means that the bulls need more energy for a breakout. Overall, if the rate settles near the resistance level at $45,854 on the daily chart, there is a chance to see further upward movement towards the area around $50,000-$52,000.
Bitcoin is trading at $42,971 at press time.
ETH/USD
Ethereum (ETH) is the biggest gainer on our list today, with the main altcoin’s rate rising by 3.25%.
From the technical point of view, Ethereum (ETH) is trading similarly to Bitcoin (BTC) as the price has approached the resistance level at $3,300.
If the bulls manage to break it, growth can be expected in the medium term as the altcoin has accumulated enough energy for an extended move.
Ethereum is trading at $3,052 at press time.
XRP/USD
XRP rose the least today with growth of only 1.58% in the last 24 hours.
Despite the growth, XRP remains weak, as it cannot fix above the $0.85 mark. The volatility has declined, which means that traders are still accumulating power for a further move. However, if the growth continues, there is potential to see the test of the resistance level at $0.9150 soon.
XRP is trading at $0.8337 at press time.
