Bitcoin (BTC) price has kick-started a massive rally in the third week of October, dragging Ethereum (ETH), Ripple (XRP) and other altcoins to follow
Bitcoin price rallied nearly 15% as it overcame the $30,000 psychological level. Ethereum price has shot up 12% in the last two days, clearing $1,727, a key resistance level. Ripple price has risen above the $0.540 resistance level, but it is uncertain whether bulls will defend this barrier. its lead. The rally seems to be driven by a potential spot Bitcoin ETF approval.
Ethereum price shoots up Ethereum price cleared the key hurdle of $1,727 as it rallied 11.48% in the last two days. This move has caused the Relative Strength Index to increase above the 50 mean level, showcasing the spike in bullish momentum. Bulls need to sustain above this $1,727 level, after which investors can expect the extension of the uptrend to the next critical level of $2,030.
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