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Ethereum Rises 2.51% As Two Week Uptrend Continues

How the Fab Five Fared


In aggregate since yesterday, the “fab five” — Litecoin, Bitcoin, Bitcoin Cash, Ethereum, and Ripple — were up 0.99%. The best performer of the bunch was Ethereum, which went up 2.51% and currently is sitting near $186.49 USD. As for the worst-performing crypto out of the Big Five, yesterday that was XRP; it came in at down 0.65%, which drove its price to around $0.290627 USD. In total, three coins were up from the day prior, which is a mixed sign for the crypto sector.


Key Technical Moves


Yesterday was a fairly normal day for all of these cryptocurrencies, in the sense that they fluctuated within the normal daily range we have come to suspect them to move within. Traders may also wish to bear in mind the following events going on regarding current price patterns:

  1. Seeking momentum? Litecoin, Bitcoin, Bitcoin Cash and Ethereum have been in a clear uptrend for the past two weeks.

  2. If you’re looking for a coin without a clear trend — perhaps a coin with some rangebound trading opportunities — XRP might be one worth considering.

  3. For traders viewing the 20-day moving average as a key level signalling momentum, keep an eye on XRP. It’s getting quite close to its 20-day moving average.

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Ethereum ETH has been bullish lately. Will it continue?

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