The market is going up as all the top 10 coins are in the green zone.
Bitcoin (BTC) is the least growing coin, rising only 2.80%.
Despite a slight increase, Bitcoin (BTC) could not recover above the $21,000 area. Furthermore, volumes remain low, which means that the leading crypto is unprepared for continued growth. In this case, a more likely scenario is trading near the $20,500 mark.
At press time, bitcoin is trading at $20,851.
Ethereum (ETH) is showing a better performance than Bitcoin (BTC), which is up around 10%.
Unlike Bitcoin (BTC), Ethereum (ETH) is approaching the $1,200 mark, which is crucial for the bulls for further upside. If the bulls manage to do so and the daily candle closes without a candle, it is likely to see a test of the $1,300-$1,400 area soon.
Ethereum is trading at $1,198 at press time.
XRP is the biggest gainer today, gaining 11.95% over the past 24 hours.
Despite the sharp rise, XRP failed to reach the $0.40 mark, which means a slight correction can be expected before another development attempt. In this regard, a decline to the mirror level of $0.3465 is possible.
At press time, XRP is trading at $0.3603.
Avalanche (AVAX) is up 11% following the rise of XRP.
On the daily chart, AVAX is on its way to the important $20 mark. If nothing changes by the end of the day, traders could look to test the $21.35 resistance level in the coming days.
AVAX is trading at $19.26 as of press time.