How long is the ongoing recovery in the cryptocurrency market going to last?
|The cryptocurrency market is trying to break its bearish streak, with the majority of the top 10 coins being in the green zone.
Top coins by CoinMarketCap
BTC/USD
Bitcoin (BTC) has risen by 1 percent over the last day.
BTC/USD chart by TradingView
Bitcoin (BTC) has once again bounced off the support at $32,000, having confirmed the bulls' power.
The trading volume is slightly rising, which means that there is a chance of seeing the ongoing growth to $37,000 where most of the liquidity is focused.
Bitcoin is trading at $32,888 at press time.
ETH/USD
Ethereum (ETH) is the biggest gainer today, rising by 1.45 percent since yesterday.
ETH/USD chart by TradingView
Ethereum (ETH) has bounced back to the vital level of $2,000, which means that bulls are controlling the situation on the market. In this case, the more likely scenario is an uptick to the area of $2,200 and above.
Ethereum is trading at $2,010 at press time.
BNB/USD
Binance Coin (BNB) is not an exception, rising by 0.16 percent.
BNB/USD chart byTradingView
Binance Coin (BNB) might also grow in the mid-term if it keeps trading above the crucial $300 level. In this case, there is a high possibility of seeing a spike to $340 soon.
BNB is trading at $311 at press time.
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