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According to CoinStats, the cryptocurrency market continues to grow.
BTC/USD
The price of Bitcoin (BTC) has increased by 0.91% in the last 24 hours.
On the daily chart, BTC price looks bullish as it is on track to test resistance at $35,612. If the bar closes above this level, the growth could continue to the $36,000 zone this week.
Bitcoin is trading at $35,171 at press time.
ETH/USD
Ethereum (ETH) is the biggest gainer on the list today, rising 1.73%.
From a technical perspective, Ethereum (ETH) looks even more bullish than Bitcoin (BTC). If today’s bar closes above yesterday’s high, growth should continue into the important $2,000 area by mid-November.
At press time, Ethereum is trading at $1,909.
XRP/USD
XRP is no exception to the rule and skyrocketed by almost 12%.
XRP’s growth has continued after yesterday’s bullish close. If the bar closes without a long wick, one can expect a faster test of the $0.80 area.
Such a scenario is relevant until the end of the week.
At press time, XRP is trading at $0.7230.
About the author
Denys Serhiichuk
With over five years of trading experience, Denys has extensive knowledge of both technical and fundamental market analysis. Mainly, he started his blog on TradingView where he publishes all relevant information and makes predictions about top coins.
His experience is backed by working in top blockchain-related companies such as W12, Platinum Listing, ATB Coin and others. They can be contacted at [email protected].
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
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