The bulls continue to dominate the market; however, some coins have returned to the red zone.
Buyers were systematically attempting to break through the key resistance of $58,000 during the day yesterday, but by the end of the day, they were unable to break through to the zone of the already-indicated October high of $58,550, which was indicated this week.
After a slight pullback, buyers stormed this resistance again tonight, forming bullish momentum. The price of Bitcoin broke through an impregnable line, and the growth was aided by relatively large volumes. The maximum is set at the psychological level of $60,300 in the morning.
Bears, it is believed, attempted to return the price to the $58,000 level after retesting the psychological level.
At the time of writing, Bitcoin was trading at $59,860.
Yesterday afternoon, buyers were able to increase their purchases, and the price of Ethereum (ETH) soared above the October and September highs. The pair set a new monthly high around the $3,825 mark in the evening, and buyers tested the $3,840 mark this morning, after which trading volumes decreased and growth slowed.
One can assume that the Ether price is consolidating in a sideways range in this area. At the same time, the sideways trend may not last long, and if the bulls attempt to keep the race going, a breakout of the $3,900 level is possible.
If a bullish impulse does not form, the pair may return to the $ 3,600 area.
At the time of writing, Ethereum was trading at $3,796.
Following a retest of the $1.14 level yesterday, the XRP price was unable to continue its upward trend and consolidated sideways. Bears attempted to push the pair back to the average price area tonight, but they were unable to break through the four-hour EMA55.
The XRP price returned to $1.140 in the morning and is expected to rise further throughout the day.
At the time of writing, XRP was trading at $1.12891.