U.Today - Buyers keep controlling the situation on the market at the beginning of the week, according to CoinMarketCap.
BTC/USD
The rate of Bitcoin (BTC) has risen by 1.36% since yesterday.
On the daily chart, one should pay attention to the nearest resistance of $69,425. If the bar closes around it with no long wick, there is a chance to see a breakout, followed by a blast to the $70,000 range.
Bitcoin is trading at $68,629 at press time.
ETH/USD
Ethereum (ETH) is less of a gainer than BTC, going up by 0.76%.
From the technical point of view, the price of ETH is far from the resistance. If the situation does not change by the end of the day, sideways trading in the zone of $2,450-$2,550 is the more likely scenario.
Ethereum is trading at $2,511 at press time.
XRP/USD
The price of XRP has gone up by 0.11%.
On the daily time frame, bears are more powerful than bulls.
If the breakout of the interim zone of $0.50 happens, traders may witness a test of the support level of $0.4860 by the end of the week.
XRP is trading at $0.5155 at press time.
This content was originally published on U.Today
