RATE Group | Ethereum leads recovery, Bitcoin and Ripple prep for the moon
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Ethereum leads recovery, Bitcoin and Ripple prep for the moon

18 Apr Ethereum leads recovery, Bitcoin and Ripple prep for the moon

Posted at 18:49h in Bitcoin News by

  • Ethereum breaks above $180 for the time since the March 12 break down.
  • Bitcoin price settles above $7,000 as bulls focus on higher levels at $7,500 and $8,000.
  • Ripple bullish action stalls under but the bulls hold on to the control.

The cryptoccurrency market turned bullish on Friday following drab and bearish actions at the beginning of the week. The entire market and especially the major cryptoassets led spiked incredibly led by the granddaddy, Bitcoin. Intriguingly, buyers have naturally assumed their position on the market and are keen to push for more action above respective key levels.

BTC/USD, for instance, reversed its action incredibly from support it had found above $6,400. The momentum paced above several other key levels including $6,600 and $6,800. Further action pulled above the coveted $7,000 the same Friday. At the time of writing, Bitcoin price is teetering at $7,228 after growing in value by 2.81%.

The daily chart shows that the bulls are…

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