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The cryptocurrency market has started to repel an attack against the bear once again, which is now recovering with a single-digit growth. Last week was tough for the major Bitcoin cryptocurrencies [BTC], XRP and Ethereum [ETH], with coins showing loss percentages of 3.7%, 7.7% and 4.3% respectively.
The most recent cryptocurrency has recently broken out of the 2-day sideways movement, with an increase of $ 4150 after trading around the $ 4000 level. This comes after a fall from the $ 4200 mark saw the coin slip at $ 4000 low. The currency saw a maximum of $ 4410 this week on November 29 and a minimum of $ 3600 on November 25th.
The XRP, the cryptocurrency n. 2, traded around the $ 0.40 mark at the start of the week, before seeing a decline to the $ 0.32 level. This was then followed by an increase to $ 0.40 again on November 29, marking the most this week, before falling to $ 0.35. This was followed by lateral movements until the current time, where the currency is again challenging the sign of $ 0.40.
Ethereum has had a difficult week, trading between $ 100 and $ 125 this week, with the minimum on November 25th. The coin found a downward fund for the 24th and 25th to $ 100, its lowest price this year. The currency has seen a maximum of $ 125 on November 29, the momentum from which it has seen returning below the $ 120.
It looks like he's trying to get back to the $ 120 area as seen from today's hike, breaking the largely sober move during the week except for a $ 100 drop on November 25th.
The bear seems to be moving away from the market, giving the bulls the opportunity to regain momentum and give HODLers what they were waiting for.
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