Bitcoin Price Strives to Hold Above $8,000, Crypto Market Reports Small Gains

  • Yuri Molchan
    📰 News

    🔛 🌅On Saturday morning, the crypto market recorded small gains and Bitcoin has got over $8,000 and is struggling to hold there⚔ ✊


Bitcoin Price Strives to Hold Above $8,000, Crypto Market Reports Small Gains

As the weekend started, the Bitcoin price has again tested the $8,000 level and managed to take it. At press time, BTC is trading at $8,009, showing a less than 50-percent rise. The major cryptocurrency is striving to keep momentum and move further North.

The top performing coin among the top 10 is Litecoin, it has risen slightly under 3 percent.

the top 10 is Litecoin

As for the top 20, the highest gainer here is Ethereum Classic (+7.51 percent).

the top 20

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Sunday will give an understanding of further BTC price movement

As a crypto trader and technical analyst @CryptoMichNL shows in his Twitter post, on Sunday evening the weekly candle will close for BTC.

Then the market will see a clearer state of the things and realize whether a further rise or a decline should be expected.

Cover image via u.today
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About the author

Yuri has worked in crypto since 2017. A translator, quickly became a crypto enthusiast. He has worked for several Telegram channels covering cryptocurrencies. Currently is a news writer, covering crypto and blockchain-related topics.

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Ripple’s XRP Is on the Cusp of Major Breakout

  • Alex Dovbnya
    📰 News

    ⚡🕓 XRP has so far shown a rather underwhelming performance in 2019, but the upcoming weeks look very promising 🔮👀


Ripple’s XRP Is on the Cusp of Major Breakout
Contents

Cryptocurrency trading expert claims that XRP investors should be ready for big gains as technical indicators look very bullish for their favorite remittance token.

The XRP price is currently sitting at $0.43, and the $0.45 resistance level seems very hard to surpass.

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Another rally is just around the corner

As reported by U.Today, XRP got a major boost after it was announced that it would be used by MoneyGram for conducting cross-border payments.

Ripple acquired 10 percent of the MoneyGram, making its shares spike by an eye-popping 150 percent.

After the MoneyGram hype died down, XRP experienced a slight setback, but another price surge seems imminent.

The traders are about to witness a major breakout confirmation in the form of a golden cross. Once XRP forms this bullish pattern, the sky's the limit – it could go as high as $3.30, thus retesting its current ATH.

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XRP will follow Bitcoin

The analyst also points out that XRP’s future breakout could be accelerated by another upward move on Bitcoin’s side.

The number one cryptocurrency has recently reached $9,400 for the first time in more than 13 months, and it is currently vying to reach $9,500, another major support level before hitting $10,000.

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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