Bitcoin Bulls Eye $80,000 as Ethereum Momentum Builds
The price of Bitcoin has remained strong since last week, hovering around $79,000 on Wednesday. Bulls are mulling another breakout attempt to reclaim $80,000 and push beyond the supply zone at $82,500.
Ethereum is also holding above $2,400 while building momentum for a potential breakout past $2,600.
Ripple's price is defending $1.40 support but faces capped upside, with supply building between $1.50 and $1.70.
A sustained move above $2.00 is needed to reinforce the short to medium-term positive outlook for Ripple.