Altcoin News

Have altcoins the chance to Rise Fastly Like Bitcoin?

BTC/USD

BTC/USD price consolidated above the psychological mark of $60,000 and consolidated in a sideways range.

BTC/USD chart by TradingView

At the end of the week, the bears tried to swing the price and knock the pair out of the sideways range, but tonight the price returned to the range and approached the monthly maximum zone in the morning.

If buyers can continue to rise, then during the day the pair can test the 100% Fibonacci level, and a strong bullish momentum might be able to renew the all-time high around the $66,000 mark.

BTC/USD is trading at $62,044 at press time.

ETH/USD

ETH/USD price approached the psychological level of $4,000, renewing the monthly high at $3,971.

ETH/USD chart by TradingView

At the end of last week, bears pushed the Ethereum (ETH) price below the four-hour EMA55, but over the past night, the pair was able to fully recover to the $3,860 area. If large purchases resume, the price can break the $4,000 level and renew the monthly high around $4,100.

ETH/USD is trading at $3,762 at press time.

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