Bitcoin (BTC) has been wanting to go higher for two days, but it doesn’t seem to get an inch of space. Given the current price level, there is a wall of sellers who keep closing the door.
Other crypto coins are taking steps upwards. Ethereum (ETH) in particular is having a good day today.
‘The first test starts here’
Bitcoin made a big rise on Tuesday afternoon and night and has not really made any progress on the charts since then.
The Bitcoin price fluctuates between 92,000 and 94,000 dollars and today it is not possible (yet) to choose a direction.
It’s now right in the middle of the range, but it feels like a relief because the $92,000 has also been tested. That happened at 4:00 PM, but the bulls managed to defend it successfully.
Bitcoin is clearly having a hard time around its current level and the weekly chart of analyst Titan of Crypto clearly shows why. The price has now reached a ”double barrier”. The ascending trend line that has acted as support for three and a half years and the horizontal resistance.
”This is the moment when the bulls must show their strength. The first real test starts here,” he wrote.
At the time of writing, the BTC price is at $92,865, 0.43 percent higher than 24 hours ago. In euros, 79,648 are now paid for the largest crypto.
Ethereum and Cardano are skyrocketing
As mentioned, Ethereum is taking the leading role today. The largest altcoin has a nice plus of 3.15 percent and has also broken out against Bitcoin. In an earlier article this afternoon we delved a little deeper into the graphs of Ethereum.
Furthermore, BNB (BNB) is up 1.30 percent, Dogecoin (DOGE) is up 0.24 percent and Cardano (ADA) is up 3.07 percent. Ripple (XRP) is the only coin from the top 10 that turns red with a narrow decline of 1.12 percent.
The biggest climbers
There are not many, but there are some coins that have managed to surpass Ethereum’s rise. Below are the biggest climbers from the top 100:
| Cryptocurrency | Increase in last 24 hours |
|---|---|
| Aerodrome Finance (AERO) | +8,20% |
| Curve DAO Token (CRV) | +7,41% |
| Bittensor (TAO) | +6,24% |
| Zcash (ZEC) | +5,76% |
| MYX Finance (MYX) | +4,59% |
The biggest losers
Then the biggest decliners from the top 100:
| Cryptocurrency | Decrease in the past 24 hours |
|---|---|
| Canton (CC) | -5,23% |
| Starknet (STRK) | -4,91% |
| Dash (DASH) | -3,81% |
| Shiba Inu (SHIB) | -3,65% |
| Artificial Superintelligence Alliance (FET) | -3,29% |
Source: https://newsbit.nl/crypto-koersupdate-bitcoin-komt-niet-verder-maar-ethereum-wel/
