RATE Group | Bitcoin bulls push price back above $6000; but technical vulnerabilities remain
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Bitcoin bulls push price back above $6000; but technical vulnerabilities remain

23 Mar Bitcoin bulls push price back above $6000; but technical vulnerabilities remain

Posted at 19:40h in Bitcoin News by

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Here’s what you need to know on Monday

Markets

BTC/USD is currently trading at $6270 (+4.65%), bulls managed to push the price back above $6000, but may prove to be limited. 

ETH/USD is currently trading at $130 (+3.45%), catching a decent in the session, however last week the bulls failed to break back above critical weekly resistance at $150. 

XRP/USD is currently trading at $0.15 (+2.90%), price action pushed north, however, remains stuck within a bearish pennant. 

Among the 100 most important cryptocurrencies, the best of the day are SNT $0.016272 (+25.00%), MCO $4.50 (+9.65%) XMR $42.63 (+9.15%) The day’s losers are SXP $0.599500 (-5.42%), WAXP $0.030981 (-5.30%), BCN $000211 (-3.25%).

Chart of the day: BTC/USD daily chart (Price action is moving within a bearish flag structure)

Market

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