RATE Group | Ethereum Leads Strong Altcoin Rally
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Ethereum Leads Strong Altcoin Rally

Ethereum Leads Strong Altcoin Rally

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Markets Update: Ethereum Leads Strong Altcoin Rally

Market Updates

Since yesterday’s update, the cryptocurrency markets have produced a strong bounce over the last 24 hours. Of the top ten cryptocurrencies by market cap, Ethereum, and Monero were the day’s top gainers – both of which have posted gains of over 15% in the last 24 hours.

Also Read: Markets Update: ETH Hits 14-Month Low Amid Heavy Altcoin Losses 

BTC Tests $6,500

In the last 24 hours, BTC has gained by roughly 3% – with current prices testing resistance at the $6,500 USD area as of this writing.

Markets Update: Ethereum Leads Strong Altcoin Rally
BTC/USD – Bitfinex – 4hr

Looking at the daily chart, the stochastic RSI appears poised to break above the 20 threshold – signaling that more bullish action may ensue should BTC be able to produce and hold a strong break above…

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