Cryptocurrency markets are burgeoning in today's session amidst the return of the bulls. Ethereum surged to an eight-month high, while Bitcoin is inching closer to the key resistance level of $28,500. Bitcoin (BTC) experienced some highs and lows as its price reached $28,433.74 earlier in today’s session, however the Relative Strength Index (RSI) at 60 prevented a break above a key resistance at $28,500. Meanwhile, Ethereum (ETH) saw an intraday high of $1,887.35 with a prevailing strength index at 62.54. If the index reaches a strong 65, it is likely that ETH can reach the $1,900 range, while BTC can break through $28,500. Crypto bulls are seemingly making a return, and the market is responding positively to it.
James Wilson
- 2023-04-04
Crypto Bull Market Returns
Crypto bulls are making a return and the market is responding positively. Ethereum surged to an eight-month high while Bitcoin is inching closer to the key resistance level of $28,500.
