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The rates of most of the coins continue rising today, according to CoinMarketCap.
BTC/USD
The price of Bitcoin (BTC) has gone up by 1.21% over the last 24 hours.
On the daily chart, the rate of BTC is rising after a false breakout of the support of $106,137.
If the daily bar closes around the current prices and with a short wick, there is a high chance of witnessing a test of the $112,000 zone by the end of the week.
Bitcoin is trading at $109,685 at press time.
ETH/USD
Ethereum (ETH) is less of a gainer than Bitcoin (BTC), growing by 0.63% since yesterday.
From the technical point of view, the situation is more bearish than bullish, as the rate of the main altcoin is not far from the support of $3,694. If buyers cannot seize the initiative and a breakout occurs, the accumulated energy might be enough for a test of the $3,600 range.
Ethereum is trading at $3,846 at press time.
XRP/USD
The rate of XRP is unchanged since yesterday.
On the daily time frame, the price of XRP is in the middle of the channel, between the support of $2.1901 and the resistance of $2.6460. As none of the sides is dominating, there are low chances of seeing sharp moves soon.
XRP is trading at $2.4072 at press time.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team