Can Currencies Bounce Back to Midterm Rise? Analysis and Predictions
Read our analysis and predictions on the current rates of Bitcoin, Ethereum, and XRP. Will these currencies bounce back to their midterm rise? Stay informed!
Posted 2 months ago in Market Analysis
Bulls have started the week with dominance over bears, as the rates of most of the coins are falling.
Bitcoin (BTC) has risen by 2.73% over the last 24 hours and broken the $27,000 mark. This presents a chance for buyers to seize the initiative and continue the upward move to the resistance of $28,142.
Ethereum (ETH) is also showing gains, going up by 1.67%. Traders should focus on the interim level of $1,675, as a close near it may signal a test of the next resistance level of $1,714.
XRP has increased by 1% and is trading similarly to Ethereum. If the rate continues on its current path, a breakout of the $0.5115 mark could lead to a further rise to the $0.52-$0.53 area.
Last updated 9/18/2023, 10:25:22 PM
Related Articles
Bitcoin's Death Cross Rally: Expert Benjamin Cowen Warns of Lower Highs
Posted 2 months ago in Market Analysis
XRP Price Analysis: Will XRP Test $0.55 Area in the Near Future?
Posted 2 months ago in Market Analysis
Bitcoin (BTC) Breaks September Slumber with 4% Surge – Bullish October Ahead
Posted 2 months ago in Market Analysis
Will the Price of Binance Coin (BNB) Rise by the End of the Week?
Posted 2 months ago in Market Analysis
News Letter
Subscribe to the CryptoCat.ai newsletter to stay updated with the latest cryptocurrency news, insightful articles, market trends, and more – delivered directly to your inbox!
Is email too old school? Well you can get your news directly on twitter just by following us
Follow Us