Which top coin can accelerate medium term growth faster than others?
Bulls continue to control the position on the market; However, some coins are back in the red zone.
BTC/USD
Bitcoin (BTC) is up 2.13% today.
On the daily chart, bitcoin (BTC) broke the local level to $41,557. If buyers can hold on to the gains gained by the end of the day, the rise could soon continue towards the nearest resistance at $44,244. In another case, a pullback below $42,000 could be a condition for a correction in the $42,000 to $41,500 area.
Bitcoin is trading at $42,552 at press time.
ETH/USD
Ethereum (ETH) is no exception to the rule, rising 2% over the previous day.
Ethereum (ETH) is about to break the broad channel resistance at $3,149. At the moment, if buyers can hold on to the gains, there is a high chance of seeing sustained medium-term growth. If this happens, the ETH rate is likely to move higher towards the $3,300-$3,400 zone by mid-May.
Ethereum is trading at $3,152 at press time.
XRP/USD
XRP is the least growing coin today, rising only 0.66%.
XRP rebounded above the $0.7411 support level, which confirmed the buying power. From a technical point of view, the coin may have accumulated enough energy for a medium term bullish trend. If the buyers can reach the $0.77 mark, the bears may come back into play from the next level at $0.79223.
At press time, XRP is trading at $0.76205.