RATE Group | Bitcoin and Altcoins Look Primed For Further Upsides
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Bitcoin and Altcoins Look Primed For Further Upsides

03 Feb Bitcoin and Altcoins Look Primed For Further Upsides

Posted at 10:11h in Bitcoin News by

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In the past three sessions, bitcoin price followed a bullish path and traded above the USD 9,550 resistance. BTC/USD even climbed above USD 9,600, but it failed to continue higher above USD 9,650. The price is currently (09:00 UTC) correcting lower, but dips remain well supported near USD 9,250 and USD 9,200.

More importantly, there were strong bullish moves in most major altcoins, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD surged above the USD 190 level and tested the USD 195 level. Similarly, XRP/USD remained in a positive zone and climbed above the USD 0.250 resistance area.

Total market capitalization

Bitcoin and Altcoins Look Primed For Further Upsides 101
Source: www.tradingview.com

Bitcoin price

After surpassing the USD 9,450 level, bitcoin price extended its rise above the USD 9,550 resistance area. BTC/USD traded towards the USD 9,650 level before trimming gains. It is currently testing the USD 9,350 support. The main weekly support is near the USD 9,250 and USD 9,200 levels,…

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