Bitcoin and Ethereum prices broke above critical resistance. gained levels quite close to their respective targets.
Most altcoins gained bullish momentum. It seemed to have ended the bearish narrative to some extent.
Last weekend proved to favour the bulls, as the top 2 assets rose above the danger zone. But, Bitcoin has not yet surpassed $22,000. The price of Ethereum rose beyond $1400, with the goal of reaching $1500 very soon. Only during the previous weekly close, does it assume that the price of ETH would suffer a serious breakout. that may drag the price to the lowest level around $400. However, with the recent shift, BTC and ETH are expected to maintain a steady trend northward.
Ethereum had positioned itself well above $1200. Even though Bitcoin was showing a downtrend and was ready to exit consolidation. After testing the lowest funds three times, the price of ETH ignited a minor bull run forming consecutive bullish flags. Currently, the second largest cryptocurrency with a new jump seems to have formed the mast of the next flag.
For Details: https://coinpedia.org/price-analysis/bitcoin-price-above-21k-while-ethereum-price-sustain-over-1400/
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BTC is now starting to move in the upward direction. Let's follow each other for a better steem
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