Bitcoin $96,565.53faced a critical resistance zone to reach new record levels. Famous analyst Donalt, Bitcoin’s $ 99,000-$ 99,000 range can enter the rise trend, he says. While the volatility continues in the crypto currency market, investors closely follow this level.
Bitcoin’s critical resistance level
According to technical analysis, Bitcoin’s 99,000-101.000 dollar band is seen as the last obstacle before the newest levels. Donalt thinks that the rise will accelerate with the breakage of this level.
Analyst emphasizes that Bitcoin has entered a process of recovery from low levels, but has not yet fully gained power in the market. Donalt, who draws attention to three -day candle formations, says that market sensitivity can change rapidly during this time.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
Bitcoin reacts positively despite bad news and decreases in traditional markets. This may indicate that a strong recovery process continues in the crypto currency market. In particular, exceeding the level of $ 100,000 can offer new opportunities for investors.
Current Situation in Ethereum and XRP
Donalt, Bitcoin as well as Ethereum 
$2,732.88 and XRP also make evaluations. He thinks Ethereum’s current price is low compared to other assets in the market. Analyst describes Ethereum as olmuş wrong priced ”being at the level of $ 2,800.
For XRP, a different table is drawn. Stating that XRP is attractive for purchasing from 0.50-0.60 dollars in the past, Donalt says that the price that reaches $ 3 is at a more fair level. Ethereum’s price movements should be closely monitored for investors.
According to current market data, Bitcoin is traded for $ 96,127, while Ethereum is $ 2.647 and XRP $ 2.56. If Bitcoin exceeds the critical resistance zone, the market may enter a stronger rise trend.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
