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Although the leading cryptocurrency Bitcoin (BTC) has risen to $ 31,800 with the development of Ripple yesterday, it is currently trading at $ 31,170.
Although Bitcoin seems to have formed a bull trap as of now, the leading altcoin managed to break the resistance of $ 1,973 and continues to accumulate above it.
In the following process, Ethereum's staying above $ 2 thousand may provide the expected rises in altcoins. The rises experienced yesterday seem to be a fragment of the coming months for now.
In order for Bitcoin to rise to the level of 34 thousand dollars, it must now be permanent above $ 31,500. BTC is still unable to stay above this resistance.
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