08 Oct EOS Is on the Verge of Possible Breakout: Cryptocurrency Trader
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Bitcoin, the top coin by market capitalization, has endured a minor recovery over the last 24 hours with its price spiking by 4.5 percent.
According to crypto trader Luke Martin, BTC closing above $8,300 on Monday could strengthen its bullish momentum throughout the week. If the bulls persist, the crypto king could see the $9,000 in the short-term.
$BTC showing some strength to kick off the week.
If price can close above the 8300 zone, I would expect follow through to atleast 8700-9k area. pic.twitter.com/ZUEctTM1ys
— Luke Martin (@VentureCoinist) October 7, 2019
“The Crypto Dog” seems to be on the same page. The popular trader says that Bitcoin needs a break above the $8,500 level for the bullish scenario to come into play.
So far $BTC daily OB is holding, 72XX looking less likely. A break through 8.5 and I think we’ll see a sizeable move to the next major resistance towards 9.4. pic.twitter.com/ihQlS2g23W
— The Crypto Dog📈 (@TheCryptoDog) October 7, 2019
Meanwhile, Ripple’s…
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