Crypto Market Adds $7 Billion as Bitcoin and Ethereum Rebound by 5%

The cryptocurrency market added $7 billion to its valuation as Bitcoin and Ethereum rebounded by approximately 5%

A high daily volume is also what allowed BTC and ETH to recover by more than five percent in the past 24 hours while XRP and BCH demonstrated a daily increase in price in the range of 1.5 percent to 3 percent.

If BTC and ETH can breakout cleanly above major resistance levels, which are estimated to be $4,300 for BTC and $120 for ETH, then the two cryptocurrencies could lead the market through a strong short-term rally.

courtesy of ccn.com

 

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