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Some coins are coming back to the green zone, according to CoinStats.
BTC/USD
The rate of Bitcoin (BTC) has increased by 1.11% over the past day.
On the daily chart, the price of BTC is rising after yesterday’s bearish closure. However, bulls do not have enough energy yet for a midterm rise.Â
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In this case, sideways trading in the area of $58,000-$60,000 is the more likely scenario.
Bitcoin is trading at $58,690 at press time.
ETH/USD
The price of Ethereum (ETH) is more bullish than BTC, going up by 2.35%.
From the technical point of view, the rate of ETH is approaching the resistance of $2,554. If the candle closes above it, one can expect a breakout, followed by a move to the $2,700 range.
Ethereum is trading at $2,519 at press time.
XRP/USD
The rate of XRP has risen by 0.49% over the last 24 hours.
On the daily chart, the price of XRP has once again made a false breakout of the support level of $0.5452. If the bar closes near its peak, the upward move may lead to a test of the $0.58 mark by the end of the week.
XRP is trading at $0.5578 at press time.
