After finding a nice support zone above the earlier low, cryptos in general made a nice rally in the last couple of days with Ripple and Bitcoin Cash taking the lead at over 60% increase since April 12th, then Ethereum at +36%, Litecoin at +30% and finally Bitcoin at +22%.
Now prices are hitting the descending resistance for the 4th time, it remains to be seen if momentum is sufficient to reach new highs and finally invalidate this resistance.
The next week will be interesting to watch.
Now prices are hitting the descending resistance for the 4th time, it remains to be seen if momentum is sufficient to reach new highs and finally invalidate this resistance.
The next week will be interesting to watch.
