Crypto Update: ETH, BTC, others are stabilizing after recent volatility.

As the crypto market began to pick up its bullish pace again, despite the most unexpected crash last weekend, it has become evident that virtual currencies are here to stay.

Crypto markets are stabilizing after the recent volatility, and the world’s leading cryptocurrencies are trying to gain additional upside momentum. Reports have stated that if Bitcoin manages to settle above the $51,000 level, it will move towards the recent highs near $52,000, bullish for the whole crypto market. Fingers crossed.🤞🏽

However, Etherum continues its attempts to settle above the 20 EMA at $4,350 while Bitcoin is trying to get to another resistance test at $51,000.

Other cryptocurrencies are mostly moving higher today. Dogecoin has recently managed to get back above $0.18 and is moving towards the recent highs near $0.1850. Shiba Inu remains stuck in the tight $0.000036 — $0.000037 range. XRP found support near the $0.80 level and is moving towards the $0.85 level, while USDT is valued at $1.00 today.

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