The crypto market is up and several coins are now trading in green with double digits growth over the last 24-hours. The overall sentiment in the market is positive and investors hope for a bull run to kick-start and deliver profits. The majority of the top 10 cryptocurrencies are now trading in the green zone signaling that the bulls are back in town.
Here’s the Top 3 Cryptocurrencies Displaying Bullish Trends Today
1. Bitcoin
The leader of the pack, Bitcoin crossed the $44,000 mark today and is inching to breach the $45,000 mark. Its 24-hours trading volume has reached $25 billion and shot up from the day’s low of $42,700 to $44,200. Nonetheless, BTC needs more energy from the bulls to breakout and zoom past the $45,000 levels.
If Bitcoin manages to breach the $45,000 levels and hold on to its resistance, another jump towards $50,000 to $52,000 might be on the cards. The market needs to remain in the green during the Weekend for such a move and considering the positive trends, there is a likely chance for it to shoot up further.
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2. Ethereum
Ethereum breached the $3,100 mark and is up +3.25%.in the 24-hours day trade. Both BTC and ETH are leading the way towards market recovery and several coins are following their path. ETH is now looking to break the $3,300 barrier. Considering the positive sentiment in the market, ETH could breach the barrier, as bulls have accumulated energy for a breakout.
At press time, Ethereum was trading at $3,132 and is up +3.1%. Despite the recent market dips, ETH has displayed strong resistance and is up +18.5% since the last 30-trading days and is also up +19.9% in the last 14-days.
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3. Solana
Solana picked up steam today during the market recovery jumping from $96 to $104 in less than 24-hours. It spiked close to +7% in the day’s trade and is displaying bullish sentiments.
SOL has a steady upward trajectory today reaching its weekly highs. If the positive momentum continues during the weekend, SOL could breach the $110 mark and reach a new monthly high.
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At press time Solana was trading at $103.15 and is up +6.2% in the 24-hours day trade.