Bitcoin rally, strong increases also on Ethereum, Ripple, Bitcoin Cash, Cardano, EOS and Tron

In the afternoon of Tuesday 17 July, the price of Bitcoin jumped from 6,770 to a maximum of 7,400 in just 10 minutes. The market has now moved beyond the strong resistance to 6,850, an increase of about 8 percentage points, while all the major cryptocurrencies are increasing in value in these minutes, Ethereum rises by 4 percent, Ripple (XRP) increases by 6.60 percent, Bitcoin Cash +5 percent and EOS is 6 percent positive, Tron (TRX) + 6.50%

The total capitalization of the cryptocurrency market with this positive movement has increased to $ 285 billion, about $ 14 billion more than this morning.

It seems that there is a real bullish rally on bitcoin, as reported by Altcoin News in the early afternoon, the overcoming of the resistance placed at 6,850 dollars would have given a further boost to the market until the next resistance indicated by the moving average to 100 days at 7,600 dollars over which, the road is opened towards 10,000 dollars

About Paolo Cianfriglia 28 Articles
Paolo is a financial analyst who likes to analyze and write about financial markets, especially abuot the fast-growing cryptocurrency markets. He writes for several websites and corporate blogs and at the same time offers advice to investors who are not yet familiar with the dangers related to the digital currency markets. Strongly motivated by the interest in blockchain technology, he loves sharing the news of the sector. Email Address: paoloweb@altcoinews.it

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