The bears are slowly giving away to a handful of altcoins, precisely the ones that have successfully built a strong momentum since the week began, as such, it will be no surprise that significant price breakouts will be attained before the weekend. However, some of the highest gainers are already making an interesting crossover.
Bitcoin Cash (BCH)
The 5th largest coin by market capitalization is retesting its last week’s previous resistance levels. On June 10th, Price broke out of the $400 mark to hit a high of $425 then fell all the way down below support levels of $350 and $300 to hit $269, consequently, market capitalization also lost more than $2 billion.
Meanwhile, in the last 24hrs, BCH has made a price correction and is soon to crossover to the $312 mark. Against the USD, the price has increased by 7.76% at press time and is likely to go higher or close around the $310 mark.
Bitcoin Satoshi Vision (BSV)
BSV has also taken the bull by its horns, as it is set to retest prior resistance levels. After hitting a high of $248 in June, the price took a slow decline that eventually landed it below $160 resistance level while market cap sustained a loss of more than $2 billion.
At press time, similar to BCH, the BSV coin against the USD has gained 7.21% and is just about to hit the resistance of $130. Once succeeded, the price will further head towards the $135 and prepare ahead for the $150 mark.
Monero XMR has been one of the best performers since the month began. After hitting a $119 in June, XMR is set to take off as market makes a bullish correction. The coin is currently up by 5.49% against the USD and is set above prior $84 support level while heading for a breakout between $99 to $96 mark.