Yesterday, the bulls continued the race to the end of the day, the bitcoin price managed to test the level 29000.00 USD. Overnight the pair has set an absolute record in the point 29300.00 USD as of this morning, fell back slightly from the maximum.
It seems that the bulls have secured a foothold before the year end target 30000.00 USD. If a rollback is not will continue below $ 28000.00 USD, this year we will be celebrating the psychological high of thirty thousand dollars!
Yesterday, in the first half of the day, the buyers tried to break the resistance of the upper border of the rising green channel, but until this morning the price of Ethereum and are unable to gain a foothold above this trendline.
The rate marked a new annual maximum around 758.00 USD, but sellers returned the price of the air within the rising channel. If buyers cope with strong resistance from the upper boundary of the channel, until the end of 2020, the price of ETH will test the psychological mark of USD 800.00.
Yesterday the sellers tried to push the price of Ripple to the bottom edge of the blue hall, but the pair managed to stay near the level of 0.213 USD.
However, Ripple market cap fell below $10 billion and the asset has lost third place in the CoinMarketCap top of the most capitalized cryptocurrency, shifted on the fourth line of the rating.
Believe, until the end of this year, the price held in a sideways consolidation. Buyers will try to restore the price, but most likely, they will not manage to punch resistance of a two-hour moving average EMA55 and the pair will continue sideways.
* All prices shown are based on data exchange BitStamp