Bitcoin’s breakout to $67,000 also sent the total crypto market capitalization to a new all-time high and is a signal that altcoins could soon embark on a new uptrend. Bitcoin surged to a new all-time high today, hitting close to $67,000. Ether also broke above its immediate resistance and has started its march toward the all-time high.
BTC
Bitcoin broke above the immediate resistance at $62,933 and was followed by another sharp up-move today, pushing the price above the previous all-time high at $64,854. If bulls endure the price above the breakout level at $64,854, the bullish momentum could pick up further.
ETH
Ether bounced off the neckline of the inverse head and shoulders pattern suggesting that bulls are buying on dips to this support. Strong buying has pushed the price above the overhead resistance at $4,027.88 today. The rising moving averages and the RSI in the positive territory indicate advantage to the bulls.
BNB
Binance Coin is gradually moving higher toward $518.90, which had acted as a tough barrier on two previous occasions. The bears may try to defend this level with aggressively . If the price turns down from $518.90, BNB pair could drop to the 20-day EMA $450
ADA
ADA is attempting to bounce off the support line of the symmetrical triangle pattern. If bulls push the price above the 20-day EMA ($2.19) the altcoin could rally to the resistance line of the triangle. A break and close above the triangle will signal that the uncertainty has resolved in favour of the buyers.
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