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The new week has stared with the ongoing rise of the cryptocurrency market, according to CoinMarketCap.
BTC/USD
Bitcoin (BTC) is one of the biggest gainers today, rocketing by 4.30% over the last day.
On the daily chart, the rate of BTC has broken the $65,000 mark and is on its way to the next resistance level of $67,150. If the bar closes near it or above, there is a great chance to see a all-time high this week.
Bitcoin is trading at $65,093 at press time.
ETH/USD
Ethereum (ETH) is less of a gainer than BTC, rising by 1.61%.
From the technical point of view, traders should pay attention to the bar's closure in terms of the level of $3,521. If the candle closes far from it and a false breakout happens, sellers may locally seize the initiative, which might lead to a correction to the $3,300-$3,400 area.
Ethereum is trading at $3,488 at press time.
XRP/USD
XRP has followed the rise of ETH and BTC, going up by 3.56%.
On the daily chart, the rate of XRP is testing the $0.6576 level. If the bar closes around current prices, the accumulated energy might be enough for a breakout, followed by a move to the $0.70 zone.
XRP is trading at $0.6540 at press time.
Alex Dovbnya
Tomiwabold Olajide
Dan Burgin
U.Today Editorial Team
Vladislav Sopov