Bullish Fest on cryptomarket: Top 3 players breaking key resistances.


This week is a great week for bullish traders on crypto markets. We are going to analyze few important cryptos to see what has just happened.

Bitcoin: 

As you can observe in the following graph. Bitcoin increased by 2,000 dollars in one single week. Rising from 6,000 to 8,106 dollars, that's a 39% increase. An important barrier of 8,000 has been reached. Bitcoin has been maintaining within the level of USD7,800 and 8,200 dollars in the last 2 days. Probably Bitcoin is catching a breath for another spike, meanwhile this short break helps altcoins to recover. The emperor continues with 57% dominance. 

 

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Ethereum:  Let's have a deeper look at Ethereum, the second most important player in terms of market capitalization.

 

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People are often quite unfair with Ethereum, they are talking over and over Bitcoin success but this coin almost rose 40% in the last week. The key resistance of 220 dollars has been reached on May 14th. Today the second crypto did a pretty good job, increasing value by 15.7%. The dominance in the market broke the level of 10% finally reaching 10.1% today.

 

XRP: Ripple 

XRP was stuck in its flat trend in the first 4 months and 13 days of this year. It was between 0.29 and 0,36 USD. Not much has been happening with it. But last Monday since 8 pm CET, things shifted for third most important player, specialized in the financial sector. It grew over 45.6% in the last 7 days, in terms of dollars -  11 cents more per ripple. Investors start to like XRP again, its dominance is extending to 7.26%. In terms of % growth it has been winner of this week.

 

 

XRP. But its perspective shifted last 190903265-9377848206f416e3665012fd7a4d45e7d67b0ec8f2d6c3714606a8bc89d9f9b0.png

 

 

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cryptovato1
cryptovato1

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Amazing world of cryptos
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