BTC, ETH, AVAX, ADA, SOL Hold Above Key Prices As Crypto Market Nears $2 Trillion — Strong Week Ahead? ⋆ ZyCrypto - BitcoinEthereumNews.com
Most cryptocurrencies kicked off the week on an uneventful note albeit rallying for the whole of last week amidst mixed reactions towards geopolitical and international economic developments. As of writing, Bitcoin is trading at $41,054, down 0.19% on the day, albeit being up 5.90% in the past seven days with traders highlighting $40,000 as a key support zone. On the upper side, $45,000 remains to be one of the most closely watched resistance areas with traders predicting that a breach of that area could spur a strong push to the upside. On the other side, in somewhat of a Monday effect, Ethereum seems to have already picked up last weeks pace with the cryptocurrency starting to print a bullish daily candle. Currently, the coin is trading at $2,914 and has gained roughly 14.71% in the last seven days with pundits pointing at the $3,060 level as the biggest hurdle to price making a date with higher prices. Solana has also been on the move, gaining by over 10.87% in the last seven days after losing roughly 70% since price printed an all-time high. Currency SOL is trading at $88.12 with coins such as XRP, Terra (LUNA), Shiba Inu (SHIB) Dogecoin (DOGE), and Avalanche