RATE Group | ETH, XTZ, LINK, BNB, DASH
86162
post-template-default,single,single-post,postid-86162,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

ETH, XTZ, LINK, BNB, DASH

ETH, XTZ, LINK, BNB, DASH

With Bitcoin’s (BTC) halving less than 23 days away, traders would like to go into the event with strong bullish sentiment but this is yet to be determined. If Bitcoin is able to breakout and sustain above its overhead resistance, it is likely to pull the crypto markets higher. The first sign of strength would be if the total market capitalization can sustain above the $211 billion mark.

Crypto market data daily view. Source: Coin360

Crypto market data daily view. Source: Coin360

Although Bitcoin is the leader, there are a few altcoins that are showing promise and could outperform the largest cryptocurrency next week. Here are the top 5 cryptocurrencies that could offer short-term trading opportunities in the next few days.

ETH/USD

After repeatedly facing resistance at $176.103 (shown via ellipses on the chart), Ether (ETH) broke out of the overhead resistance on April 18 with strength. This is a positive sign as it shows that the bulls are keen to buy at every higher level.

ETH-USD daily chart. Source: Tradingview​​​​​​​

ETH-USD daily chart. Source: Tradingview

Both the 10-day…

Source link

Tags:
, , , ,