The market has almost recovered after the recent sharp dump; however, not all coins have come back to the green zone. Mainly, DOGE is the top loser from the list, going down by 20%.
Top 10 coins by CoinMarketCap
BTC/USD
Bitcoin (BTC) is the only coin from the list that is located in the red zone. The rate of the main crypto has down by 0.13%.
BTC/USD chart by TradingView
Despite the decline, the long scenario is more likely than a bullish one as the coin is accumulating power at the moment for a rise to the next level at $61,400.
Bitcoin is trading at $55,970 at press time.
ETH/USD
Ethereum (ETH) is the main gainer today as the rate of the chief crypto has gone up by almost 10%.
ETH/USD chart by TradingView
On the weekly chart, Ethereum (ETH) is about to set the new peak as the altcoin has successfully bounced off the support at $2,100.
In this case, one may expect a test of the area around $2,600 shortly.
Ethereum is trading at $2,423 at press time.
XRP/USD
XRP is not an exception to the rule, even though the growth only amounts to 3.70%.
XRP/USD chart by TradingView
XRP is also looking bullish with a potential target around $1.52. The coin is about to accumulate power in that area to make a breakout and keep the rise to the peak at $1.96.
XRP is trading at $1.41 at press time.
ADA/USD
Cardano (ADA) has shown 3% growth over the last 24 hours.
ADA/USD chart by TradingView
Cardano (ADA) has bounced off the daily MA 50 that has confirmed the bullish power. In this regard, the altcoin is also looking bullish, potentially about to attain the mark of $1.34 shortly.
Cardano is trading at $1.2679 at press time.
BNB/USD
Binance Coin (BNB) is trying to reach the mark of $600 on the daily chart. If bulls fix above it, there are high chances of seeing a new peak around the zone of $700 within the next few days.
BNB is trading at $583 at press time.
Any financial and market information given on U.Today is written for informational purposes only. Conduct your own research by contacting financial experts before making any investment decisions.
Recommended Content
Editors’ Picks
Crypto Today: ADA, AVAX, TON in profit as BTC stalls at $100K
Altcoin market updates: ADA, AVAX, TON emerge as top gainers While BTC has stagnated on Monday, traders are redirecting capital toward mid-cap assets, driving the likes of Cardano (ADA), Avalanche (AVAX) and Toncoin (TON) above key resistance levels.
Ripple's XRP aims for $1.96 as WisdomTree registers for an XRP ETF in the US
Ripple's XRP surged over 7% on Monday and aims to stage a rally toward its April 2021 high after WisdomTree registered for an XRP ETF in the US state of Delaware on Monday.
More Ripple News
Toncoin Price Forecast: Crypto whales spotted buying $30M TON in 4 days, amid Gensler’s exit
Toncoin price opened trading at $6.2 on Monday, up 27% since Gary Gensler's exit confirmation on November 21. On-chain data trends suggest a $7 breakout could follow as whale investors have scaled up demand for TON considerably over the last 5 days.
MicroStrategy set to push Bitcoin to new highs after 55,500 BTC acquisition, should investors be concerned?
MicroStrategy revealed on Monday that it made another heavy Bitcoin purchase, acquiring 55,500 BTC for $5.4 billion at an average rate of $97,862 per coin.
Bitcoin: Rally expected to continue as BTC nears $100K
Bitcoin (BTC) reached a new all-time high of $99,419, just inches away from the $100K milestone and has rallied over 9% so far this week. This bullish momentum was supported by the rising Bitcoin spot Exchange Traded Funds (ETF), which accounted for over $2.8 billion inflow until Thursday. BlackRock and Grayscale’s recent launch of the Bitcoin ETF options also fueled the rally this week.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.