Cryptocurrencies Rally: Bitcoin and Ethereum Hold Strong.

Bitcoin and Ether prices have risen in the past week, with Bitcoin trading at $30,450 and Ether trading at $2,105. Both cryptocurrencies have seen upside follow-through after confirming base breakouts in late March, which are positive intermediate-term developments on their charts. The next major resistance levels for ETH and BTC are roughly $2,400 and $35,900, respectively, targeted over the next several weeks. The Shapella upgrade has brought back validity and credibility to Ethereum, according to Greg Magadini, director of derivatives at crypto analytics firm Amberdata.