Bitcoin, Ethereum and XRP lead in surging cryptocurrency market By Investing.com
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Leading cryptocurrencies (BTC), (ETH), and are showing significant gains, according to data from CoinStats. Today, BTC saw a 0.91% increase, trading at $35,171, with expectations to breach its resistance of $35,612. If this level is surpassed, BTC could potentially reach up to $36,000 by the end of this week.
ETH, on the other hand, outperformed other cryptocurrencies with a 1.73% rise and is currently trading at $1,909. If ETH surpasses yesterday’s peak, it is predicted to hit the crucial zone of $2,000 by mid-November.
XRP also demonstrated notable growth following yesterday’s bullish closure. The cryptocurrency has seen an almost 12% surge and is currently being traded at $0.7230. If today’s bar closes without a long wick, XRP could swiftly test the area of $0.80 by the end of this week.
These positive trends reflect the overall bullish sentiment in the cryptocurrency market as major digital currencies continue to gain momentum.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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© Reuters.
Leading cryptocurrencies (BTC), (ETH), and are showing significant gains, according to data from CoinStats. Today, BTC saw a 0.91% increase, trading at $35,171, with expectations to breach its resistance of $35,612. If this level is surpassed, BTC could potentially reach up to $36,000 by the end of this week.
ETH, on the other hand, outperformed other cryptocurrencies with a 1.73% rise and is currently trading at $1,909. If ETH surpasses yesterday’s peak, it is predicted to hit the crucial zone of $2,000 by mid-November.
XRP also demonstrated notable growth following yesterday’s bullish closure. The cryptocurrency has seen an almost 12% surge and is currently being traded at $0.7230. If today’s bar closes without a long wick, XRP could swiftly test the area of $0.80 by the end of this week.
These positive trends reflect the overall bullish sentiment in the cryptocurrency market as major digital currencies continue to gain momentum.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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