Bitcoin and Ethereum Recovery Reaches Key Juncture, Altcoins Rally
Bitcoin price formed a base and started a decent increase above USD 35,000. BTC was able to clear the USD 36,000 resistance. It is currently (11:55 UTC) up 8% but there is a major hurdle waiting near USD 37,000. Similarl...
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Bitcoin price formed a base and started a decent increase above USD 35,000. BTC was able to clear the USD 36,000 resistance. It is currently (11:55 UTC) up 8% but there is a major hurdle waiting near USD 37,000.
Similarly, most major altcoins are approaching key barriers. ETH must clear USD 2,500 for a stronger recovery. XRP could gain pace for a move above USD 0.62. ADA might struggle to clear USD 1.08.
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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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