The last week of the month has started bullish for the cryptocurrency market as all of the coins from the top 10 list are in the green zone.
BTC/USD
The rate of Bitcoin (BTC) has risen by 6% since yesterday.
On the daily time frame, Bitcoin (BTC) has broken the resistance level at $44,776 and fixed above it, having confirmed the mid-term bullish trend. Now, one needs to pay close attention to the zone around $50,000. If bulls manage to break this level as well, the growth may continue to the next important mark of $52,000.
Bitcoin is trading at $47,237 at press time.
ETH/USD
Ethereum (ETH) has gained more than Bitcoin (BTC) with a rise of almost 7% over the last 24 hours.
Ethereum (ETH) is trading similar to BTC as it has also crossed the vital level of $3,300. At the moment, there is a high chance to see continued growth to the next mark of $3,585 as buyers have accumulated enough power for a further upward move. In addition, the trading volume is about to start rising soon.
Ethereum is trading at $3,355 at press time.
SOL/USD
Solana (SOL) is the biggest gainer today as the price has rocketed by 9.60% since yesterday.
Despite sharp growth, SOL keeps trading in a wide channel between the support at $75 and the resistance at $130. Bulls have managed to fix above the psychological $100 mark.
If they can hold the initiative, there is a probability of further growth to the area of $120-$130 shortly.
SOL is trading at $110 at press time.
Alex Dovbnya
Arman Shirinyan