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The new week has started with the continued rise of the cryptocurrency market as all of the top 10 coins are in the green zone.
BTC/USD
Bitcoin (BTC) is growing the least from the list today as the price has risen over the last 24 hours by 4.51%.
On the chart, Bitcoin (BTC) has approached the local resistance zone at $22,400. However, one needs to pay close attention to the daily closure. If the price fixes above the $22,000 mark, there are chances to see a further upward move.
Bitcoin is trading at $22,016 at press time.
ETH/USD
Ethereum (ETH) is the biggest gainer from the list, rocketing by almost 30% since yesterday.
Ethereum (ETH) is trading similar to Bitcoin (BTC) as the price has reached the important $1,476 level. If nothing changes by the end of the day, the impulse may lead to the test of the $1,500 zone by the end of the week.
Ethereum is trading at $1,471 at press time.
XRP/USD
XRP has followed the rise of other coins, growing by 12.38%.
XRP has fixed above the $0.35 area, which means that bulls keep controlling the situation on the market. However, buyers might need more energy for a further rise as the volume has declined. In this case, sideways trading near the $0.36 level is the more likely scenario until the end of the month.
XRP is trading at $0.3616 at press time.
Tomiwabold Olajide
Dan Burgin
Alex Dovbnya
Vladislav Sopov