Hot Market News
🟢 AVAX price yielded nearly 8% gains for holders over the past week, climbing 3.4% overnight. Avalanche network announced the release of Avalanche Cortina upgrade on testnet on March 27. Korean crypto exchanges Upbit and Bithumb temporarily halted AVAX deposits and withdrawals when the blockchain stopped producing blocks for an hour. Source: fxstreet.com
🟢 Bitcoin price trimmed all losses and climbed above $28,000. BTC must clear the $28,500 resistance zone to start a steady increase in the coming sessions. There is a connecting bullish trend line forming with support near $28,000 on the hourly chart of the BTC/USD pair. The pair could rally if there is a close above the $28,400 resistance zone. Source: newsbtc.com
🟢 Cardano’s price started a fresh increase above the $0.35 resistance. ADA rise further if it clears the $0.388 resistance zone. There is a key rising channel forming with support near $0.3520 on the 4-hours chart of the ADA/USD pair. The pair could continue to move up if it clears the $0.388 resistance zone. Source: newsbtc.com
🟢 XRP whales, over the last 24 hours, noted the highest transactions since May 2022. The 25% single-day increase on March 23 triggered the most interest noted at the hands of investors since Ripple’s inception. XRP price is noting extreme bullishness, which could push the cryptocurrency upwards until the market overheats. Source: fxstreet.com
🟢 Ethereum price started a fresh increase above the $1,800 resistance against the US Dollar. ETH is showing positive signs and might rally towards $2,000. There is a key bullish trend line forming with support at $1,780 on the hourly chart of ETH/USD. The pair could rally towards $2,000 if there is a close above the $1,850 resistance. Source: newsbtc.com
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