Price Watch: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and EOS Price Analysis 1st March
Latika Mehrotra's original article for blockonomi.com reduced by 42%
Ripple price made many swing moves above the $0.3000 support level. Recently, we saw a strong upward move in bitcoin price above the $3,900 and $4,000 resistance levels. Ethereum price remained in a steady uptrend above the $150 and $155 resistance levels.
EOS price extended gains recently above the $4.00 resistance level against the US Dollar. The price broke the $4.20 resistance level and spiked above the $4.50 resistance level before starting a major downside correction. The main resistance is near the $3.75 level, above which buyers are likely to take control and the price could revisit the $4.00 and $4.20 levels.
During the past 7 days, a few small cap altcoins rallied and gained more than 100%, including ABBC, TIG, LBTC, CWV, ENJ, PBT and GBT. Out of these, ABBC rallied around 265% and TIG gained nearly 160%. Overall, bitcoin price corrected sharply from well above the $4,200 level.
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CN [too long; didn’t read]
Summarised crypto news.