{"id":137698,"date":"2021-09-03T13:22:09","date_gmt":"2021-09-03T13:22:09","guid":{"rendered":"https:\/\/precoinnews.com\/?p=137698"},"modified":"2021-09-03T13:22:09","modified_gmt":"2021-09-03T13:22:09","slug":"crypto-markets-full-of-vim-and-vigor-bitcoin-ethereum-cardano-solana-lead-the-pack","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/crypto-markets-full-of-vim-and-vigor-bitcoin-ethereum-cardano-solana-lead-the-pack\/","title":{"rendered":"Crypto Markets Full Of Vim and Vigor; Bitcoin, Ethereum, Cardano &amp; Solana Lead the Pack"},"content":{"rendered":"<p>Bitcoin, Ethereum, Cardano and Solana Fly High As Crypto Markets Show New Vigor<\/p>\n<p>The crypto market is making a bullish reversal this week. The red lights are being replaced with green as Bitcoin and altcoins recover. At the time of this writing, many altcoins are up over 5%. Bitcoin, although still recording gains, is moving at a slower pace. Regardless, market analysts are excited for the week ahead.<\/p>\n<h2><strong>Bitcoin climbs $49,999, poised to finish the week strongly<\/strong><\/h2>\n<p>After Bitcoin S2F model founder PlanB recently asserted that Christmas will see Bitcoin at $100,000, other proponents have aired similar sentiments, with Kraken\u2019s Dan Held tweeting \u201cBitcoin airlines preparing for departure to $100K!\u00a0Did you get your seat?.\u201d<\/p>\n<p>With Bitcoin crossing $49,000, the crypto asset is on the right path to revisiting the nearest resistance. This was noted by analyst \u201cRekt Capital\u201d who, while closely following the market, revealed where he thinks Bitcoin\u2019s price is headed in the following week.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/zycrypto.com\/wp-content\/uploads\/2021\/09\/BTCUSD_2021-09-03_12-45-04-1024x650.png\"><\/p>\n<p>\u201c<em>BTC\u00a0is enjoying a nice bounce after successfully retesting the top of this previous breakout triangle. And while $BTC wasn&#8217;t able to Daily Close above the high $47000s yesterday. Perhaps today will be that day<\/em>. <em>That&#8217;s what&#8217;s needed for a revisit of red above.\u201d<\/em><\/p>\n<p>In the last 48 hours, Bitcoin did revisit the red area in the above chart, after retesting the previous breakout triangle. Keep in mind that Bitcoin has successfully retested major support areas for three weeks in a row. However, in order to enjoy further upside, the dominant cryptocurrency must close above the immediate red resistance area in the chart below.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/lh4.googleusercontent.com\/TakT6fdF89hB-FPPPv718ioiKOrYR4p9_i3BvktG0n9RlTowXkJcvkWxhHr6bZXgUf_wzFITgLsjSgdHXdrn8G7CrOD6l2_JbFftS42Il1QbbTR0dR32yD8_qzpuc_RrRcxjt-Jj=s0\" alt=\"\"\/><\/p>\n<p>\u201c<em>If BTC\u00a0 is able to stay above the $49000 level for the rest of the week. It would set itself up for a phenomenal Weekly Close.\u201d<\/em><\/p>\n<h2><strong>Ether, Cardano, and Solana bulls are up and running<\/strong><\/h2>\n<p>Ether being one of the best performing altcoins at this time, analysts reckon it is well on its way to hitting new highs. Collective sentiments maintain the altcoin has a chance at retesting its all-time high of $4,362 from May 12 this month. At press time prices are settled at $3,957.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/zycrypto.com\/wp-content\/uploads\/2021\/09\/image-6-1024x599.png\"><\/p>\n<p>ADA and SOL have also led the altcoin market\u2019s recent shakeout, with ADA losing more than 2% after hitting a price high of $3.10. However, ADA bulls are looking ready to retest resistance, as bulls sustain prices above $2.99.<\/p>\n<p>Solana (SOL) has also been one of the weekend\u2019s highest gainers. At this time the asset has seen gains cross 30%, as prices are very close to surpassing $150.<\/p>\n<p>Both assets are also seeing a rise in investment from institutions. Digital asset investment products saw Solana (SOL) and Cardano (ADA) as most favored.<\/p>\n<p>Source: <a href=\"https:\/\/zycrypto.com\/crypto-markets-full-of-vim-and-vigor-bitcoin-ethereum-cardano-solana-lead-the-pack\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin, Ethereum, Cardano and Solana Fly High<\/p>\n","protected":false},"author":3,"featured_media":137697,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Markets Full Of Vim and Vigor; Bitcoin, Ethereum, Cardano &amp; Solana Lead the Pack - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/crypto-markets-full-of-vim-and-vigor-bitcoin-ethereum-cardano-solana-lead-the-pack\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Markets Full Of Vim and Vigor; 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