The altcoin marketcap whipsawed with Bitcoin, climbing from $947 billion to $1.112 trillion, dropping near $908 billion, then ending the week its opening price.
$2.25 (-1.99 %)
฿0.00004003 (-3.41 %)
$1 367 870 717
$156 785 844
|The weekend whipsaw ran stops under swing lows down to $2.2000 as it tested support near $1.9201.Aggressive traders expecting expansion to the upside could look for entries near possible support near $2.1762. Bids near $1.9201 may be able to capitalize on an attempt to run the stops below the weekend’s swing low. A stop run below this low may reach into possible support near $1.6001.In the short term, $2.6426 may provide some resistance. The swing high near $2.9700 provides a reasonable first target, with the area just above up to $3.0308 likely to create resistance. A break of this zone makes the March high at $3.2000 a likely target, with further expansion possibly reaching near $4.8226.|