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Bitcoin and Ethereum Show Bullish Signs, Altcoins Rally
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Bitcoin price gained pace for a move above the USD 50,000 level and even surpassed the USD 50,500 level. It is currently (11:30 UTC) showing positive signs. An upside break above USD 51,200 could spark a fresh rally in the near term.
Similarly, most major altcoins are slowly gaining momentum. ETH is stable above USD 4,000 and could gain pace above USD 4,120. XRP might rally if there is a move above the USD 1.00 resistance. ADA is consolidating near the USD 1.45 level.
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