Ethereum price will reach $178 price level in case the Bulls are able to break up the $168 price level. Lose in the Bulls’ momentum will return the coin to its previous low of $141 price level.
A new report from the World Economic Forum indicates that over 40 banks are considering offering their own blockchain cryptocurrencies.
The Bulls may still push Bitcoin price up towards $5,299 in case the Bulls sustain its momentum, though pullback is inevitable.
After price retracement, XRP price will incline further towards $0.38 resistance level in case the bulls double its momentum. The bears can only take over the market in case the resistance level of $0.36 holds.
The Bulls are fully in control of the ETH market and a further increase in Ethereum price above $154 price level is expected except the Bulls lose their momentum.
Further increase in the Bulls’ momentum will further increase Bitcoin price in which the resistance level of $4,254 may be its target. There is a tendency for the BTC price to experience pullback at the $4,254 before it continues its uptrend movement.
XRP price will rally towards $0.32 resistance level in case the bullish momentum breakup the resistance level of $0.31 and the bullish candle closes above the level, otherwise, the coin will return to its previous low in case $0.31 supply level holds.
The increase in Bullish momentum will increase Ethereum price to reach $143 – $146 price level. In case the Bears defend supply level of $140, the ETH price will decline towards $136 – $134 price level.
An attacker exploited a concurrency bug and created 2.25 billion XLM. Despite there were no media reports on the matter, Stellar stated that they had mentioned the bug twice in their release notes where they made it clear that the bug was exploited.
Should the Bulls increase their momentum to break up $0.31 supply level and the bullish candle closes above it; then XRP will rally towards $0.32.supply level. If the Bears defend the supply level of $0.31, XRP price will resume its downtrend movement.
In case the Bulls were able to penetrate the supply level of $4,050 upside and the bullish candle close above the level, $4,144 supply level may be its target. In case Bitcoin price holds $4,050 level, the bearish movement may continue.
Crypto price aggregator CoinMarketCap says it plans to make a number of changes to address concerns that the site reports fake volume for Bitcoin, Ethereum, XRP and more than 2,000 altcoins.
Increase in the bearish momentum will drop Ethereum price at the demand level of $131 in case $134 price level does not hold. Should the Bulls defend the demand level of $134; the ETH price may roll up towards the supply zone of $140.
While many use CoinMarketCap as a go-to resource for cryptocurrency market data, roughly 95% of Bitcoin trading volume reported by this website is fake, according to Bitwise Asset Management report.
In case the demand level of $4,050 does not hold and the Bears increase its momentum, Bitcoin price will find its support at $3,903 price level. Should the Bulls defend $4,050 price level, BTC will resume back to its uptrend movement.