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Bulls have come back to the game after a slight correction, according to CoinMarketCap.
BTC/USD
Bitcoin (BTC) is one of the biggest gainers today, rocketing by 4.25%.
On the daily chart, the price of BTC has broken the nearest level of $69,000. If the situation does not change by the end of the day, growth may continue to the new all-time high.
Bitcoin is trading at $72,071 at press time.
ETH/USD
Ethereum (ETH) has followed the rise of BTC, going up by almost 4%.
From the technical point of view, the rate of ETH is trading similarly to BTC. If the bar closes above the vital zone of $4,000, there is a high chance to see a test of the $4,100-$4,200 area by the end of the week.
Ethereum is trading at $4,036 at press time.
XRP/USD
XRP is less of a gainer than BTC and ETH, rising by 2.21%.
On the daliy time frame, the price of XRP is far from the main levels, which means that neither bulls nor bears are ready for a sharp move. In this case, ongoing consolidation in the area of $0.60-$0.64 is the more likely scenario for the next few days.
XRP is trading at $0.6215 at press time.
Alex Dovbnya
Vladislav Sopov
Dan Burgin