Bitcoin, Ethereum & Elrond — Asian Wrap 15 December

Bitcoin price, the peer-to-peer digital currency, currently auctions at 17,925, a 4.1% increase from December 13’s opening price. BTC price rose into a key resistant zone but has not displayed enough bearish strength to call the uptrend move over. According to the previous outlook, the next bullish target is $18,962, with an invalidation of the uptrend at $18,880.

 

Ethereum price shows potential for more upside gains. As the ETH price rapidly ascends toward significant resistant zones, traders may want to wait for ideal buy-signals before entering the market. A retest of the mid-1,200 zone would make it void of the bullish potential.

 

Elrond (EGLD) price is in the red after losing 2.1% of its value over the last 24 hours. It is exchanging hands at $43.71 on Tuesday during the American session while bulls work around the clock to prevent a possible 18.10% breakdown.