BTC to Attempt $20,000 Mark, Altcoins Prove Stability

News • 2020/12/01 • by
remitano

BTC maybe test $20,000 in this week. Altcoins have maintained a stable mark since their price increase.

In the last three sessions, there was a constant increase of BTC'sn the value over the $19,000 barrier. BTC exceeded the $19,500 mark and sold for a new record high of $19,800. The price is presently strengthening gains, and it could try moving towards the $20,000 mark soon.

Major Signal

  • BTC maintained a bullish trend and trades above 19800 USD
  • ETH settled above 600, while XRP battles major resistance
  • Litecoin and BCH prices rally above resistances

Additionally, positive gains were seen in most top altcoins, which include; BCH, Litecoin, Ripple, ETH. Ethereum/Dollar placed above the $600 untested mark and even sold near $620 until a lower correction.

Ripple/Dollar is selling well over $0.620; however, it is experiencing resistance near $0.655 and $0.662. After successfully closing over $19,000, BTC's value surpassed its increase over the $19,200 hurdle.

Bitcoin tried to gather strength over the $19,500 barrier and even increased over the $19,800. Bitcoin failed to test the ultimate $20,000 and faced a downward correction after the pump.

The value of ETH also took after BTC and sold over the $600 barrier. ETH even sold over the $615, but it couldn't break the yearly record high of $623.

BCH gained 7% and rose above the $300 barrier. BCH is presently selling above the $310 mark. LTC also gained by 10% and went above resistance levels of $86.5 and $88. Ripple also gained a positive boost over the $0.640 and even increased over the 0.655 resistance.

What do you think of BTC and Altcoins performance? Let's discuss in the comments.

Comments (5)
Guest
okem1988
6 years ago
This is a nice information
lilianchiamaka
6 years ago
Well, I think we should still expect BTC value to exceed the $19,500 barrier mark and will maintain a bullish trend above $20,000. ETH will settle above $600 and will likely break the yearly record high $623. Ripple is likely to break it's resistance level of $0.655 and $0.662.
lilianchiamaka
6 years ago
I love the BTC and altcoins performance 💃💃
andrei12
6 years ago
i believe this are indications of a bullish market
ajii12
6 years ago
it failed to reach 20,000 but it can still get there

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