Crypto Market Update: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC and Ripple Lead Gains
TL;DR Summary
The cryptocurrency market remains range-bound despite a sharp rally in the US equities markets. Bitcoin is trading inside a descending channel pattern, with $25,250 as a crucial support level. Ether has rebounded off the 20-day EMA and is attempting to break above $1,927. Binance Coin is consolidating in a tight range between $300 and $317. XRP is attempting to hold above the 38.2% Fibonacci retracement level of $0.49. Cardano has risen above the 20-day EMA and is attempting to reach $0.42.
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