The value of BTC picked up traction, and it continues to get support at $18,000. Bitcoin rose to $18,000 priority strengthening gains.
Presently, the price of BTC is over $18,000. However, it must gather momentum over $18,500 for a new run, likely towards $19,200.There was also a sharp price increase in most top altcoins, which includes; Ripple, ETH, LTC, BCH, EOS, BNB.
ETH rose above $550 and the resistance point of $565. XRP increased by over 35% in the last two days and even went above its resistance point of $0.450.
Major Updates
- Bitcoin price is holding gains above USD 18,200.
- Ethereum rallied above $575, XRP surged over 35% to close above $ 0.450.
- WAVES and NMR are up by 25%.
There was also a sharp price increase in most top altcoins, which includes; Ripple, ETH, LTC, BCH, EOS, BNB. ETH rose above $550 and the resistance point of $565. XRP increased by over 35% in the last two days and even went above its resistance point of $0.450.
Lately, the value of BTC had a bearish correction from the resistance level of $18,000. But, the cryptocurrency continued to get support around the $18,000 point. An apparent increase over the weekly resistance point of $18,800 may likely pave the way for a run towards $19,200 or 19,500.
ETH also went above its resistance level of $500 and began a sharp increase. It attempted the $585 point it is presently strengthening gains.
ETH has good support at $575 and $565. Any other decrease might likely result in the value going back to a significant $550 support area. There is also a potential for price increases over $600.
The price of XRP surpassed BTC and ETH in the last two days as it increased by over 35%. LTC is also gradually gaining momentum as it is trading over $85.
With the price of BCH increasing and breaking the barrier points of $275 and $285. It is presently selling at $290.
What do you think of the performance of BTC and altcoins? Let's discuss in the comments.
