Bitcoin flat at $47,000, ether, solana, terra deep a bit

Cryptocurrency price today: On Wednesday, March 30, Bitcoin broke its days-long streak of recording higher prices, to hold almost flat at just over $47,000. In recent days, the price of bitcoin has surged to year-highs, after dropping its value below $35,000 in the months prior to that. One unit of bitcoin price today was standing at $47,228.22 at the time of writing, down slightly by 0.78 percent in the past 24 hours. According to CoinMarketCap data, Bitcoin price It jumped as much as 12.61 percent in the past seven days.

It should be noted that the price of bitcoin yesterday reached its highest level in three months and remained above the $47,000 level on the day.

“Bitcoin maintained its stronghold above the $47k level for the second day in a row and has been on the rise for more than a week. The RSI for BTC has crossed 70 for the first time since October last year and entered the oversold zone. We could see some profit taking at this level which will It may lead to a price decline. The 4 hours chart for Bitcoin indicates a breakout from a bullish channel pattern. The next resistance for Bitcoin is expected at $48,600.” WazirX Trade Desk in a note to News18.com.

Today, the price of ether has also roughly stabilized at $3,300, according to CoinMarketCap data. The price of one unit of Ethereum at the time of writing was standing at $3,374.90, a slight decrease of 0.53 percent over the past day. In the past seven days, Ether prices have increased by 15.01 percent, according to the data.

“If prices persist above the current level, we can expect a rally towards the psychological level of $4,000 after encountering some resistance. But if it declines, buying on dips will come into the picture as well. The bulls will once again try to push the asset higher,” ZebPay trade desk said.

WazirX’s trading desk said that the Terra (LUNA) network, a decentralized financial payment blockchain network, made history as it surged above $109 for the first time and broke its all-time high amid a Bitcoin accumulation spree.

The global market capitalization of cryptocurrencies posted a loss of 0.76 percent on the day and reached $2.13 trillion with all major cryptocurrencies down slightly.

Here are the top 10 cryptocurrencies and their prices on March 28, 2022 (data from coinmarketcap.com)

Bitcoin $47,228.22, or a loss of 0.78 percent over the past 24 hours

Ethereum $3,374.90 or 0.53 Percent Gain in the Last 24 Hours

Tie a gain of $1.00 or 0.00 percent in the last 24 hours

BNB $431.68, or a loss of 0.92 percent over the past 24 hours

USD Coin $0.9998 or 0.002 percent loss over the past 24 hours

XRP $0.8591, or a loss of 1.81 percent over the past 24 hours

Cardano $1.18, or 2.58 percent, loss over the past 24 hours

Terra $105.54, or 0.55 percent loss, over the past 24 hours

Solana $109.85, or a 0.71 percent loss, over the past 24 hours

Avalanche $91.80 or a loss of 2.76 percent over the past 24 hours

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