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Bitcoin and Ethereum Look for Direction, LUNA and RUNE Accelerate

Bitcoin price remained supported near the USD 37,500 zone. BTC is moving higher and even surpassed USD 39,000 before correcting lower. It is currently (12:03 PM UTC) trading above USD 38,900, and the bulls might face hur...

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Bitcoin and Ethereum Look for Direction, LUNA and RUNE Accelerate
 
Bitcoin price remained supported near the USD 37,500 zone. BTC is moving higher and even surpassed USD 39,000 before correcting lower. It is currently (12:03 PM UTC) trading above USD 38,900, and the bulls might face hurdles near the range resistance at USD 40,000.
Similarly, most major altcoins are moving higher in a range. ETH must clear the USD 2,650 resistance to gain pace. XRP is facing a major hurdle at USD 0.80. ADA is moving higher and might surpass USD 0.825....
Read More: Bitcoin and Ethereum Look for Direction, LUNA and RUNE Accelerate

Why this matters

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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