Prices of most currencies continue to rise at the beginning of the week.
BTC/USD
Bitcoin (BTC) is one of the biggest gainers today, up 4.88%.
On the daily chart, BTC price continues to grow after a breakout of the $38,437 level. At the moment, there are still no bearish signals as the daily bar is about to close without a long fuse.
In this case, a further rise to the resistance of $42,979 is the most likely scenario for next week.
Bitcoin is trading at $41,564 at the time of this publication.
ETH/USD
Ethereum (ETH) gains less than BTC, rising 3.26% in the last 24 hours.
From the technical point of view, ETH price could have reached a local peak as volume drops. Therefore, if the candle closes below yesterday’s peak, there is a chance to see a correction towards the support of $2,131.
Ethereum is trading at $2,229 at the time of this publication.
XRP/USD
XRP is the exception to the rule, down 1.35%.
On the daily chart, XRP price has bounced back off the $0.5860 support level. At this moment the price is in the middle of the channel, accumulating energy for a new movement. In this sense, the most likely scenario for the coming days is a sideways trade in the zone of 0.60-0.64 dollars.
XRP is trading at $0.6157 at the time of this publication.
