🔥🔥 The cryptocurrency market has displayed a strong bullish recovery by adding 3.71% in its global crypto valuation within the past few hours. Following this, the market leader, Bitcoin price has successfully reclaimed the $57K mark with a gain of 3.11%.
Bitcoin (BTC):
With the ongoing market turmoil, the Bitcoin price has formed a descending channel pattern in the 1D time frame and continues to trade within it. Positively, the market leader is on the verge of testing its resistance trendline of the triangle pattern.
The Relative Strength Index (RSI) has successfully retested its oversold range, indicating an increase in the buying pressure for Bitcoin within the crypto space. Further, the average shows a high possibility of a bullish convergence, suggesting a positive outlook this week.
Ethereum (ETH):
The ETH price has successfully retested its crucial support zone, resulting in it recording a jump of over 5% within the past 24 hours. Moreover, the rising hype of EthereumETF has acted as a catalyst in the recent price surge for the Ethereum token.
Binance (BNB):
Following the bullish recovery in the cross-border market, the Binance price has successfully held its value above its crucial support level of $497.5. Further, this altcoin has added 2.42% to its portfolio with a trading volume of $2.033 Billion, a change of +4.03% over the past day.
Solana (SOL):
The SOL price has recorded a jump of 7.32% in valuation within the past day with a change of +52.94% in its trading volume to $66.30 Billion. Further, this altcoin has recorded a 24-hour high and low of $143.01 and $131.97.
Ripple (XRP):
Following the bullish bounce back in the cryptocurrency market during the early trading hours today, the XRP price has successfully retested its crucial support trendline and has added 3.15% to its portfolio with a 24-hour trading volume of $1.328 Billion.
🔥🔥 Io. net token price prediction
Io token price will cross 10$ in 2025 .
