Today’s encryption price: Bitcoin rises above 86 thousand dollars; Avalanche, Solana jumps up to 10 %

Bitcoin The main encrypted currencies expanded their gains on Monday, as investor morale remained optimistic, although the tariff fears waved on the horizon and the main economic data later this week.

As of 11:26 am, Bitcoin rose by 3.2 % at $ 86,590, while ethereum Earn 2.3 % trading at $ 2047. Global Encryption CAP has increased by 2.94 % over the past 24 hours, reaching $ 2.84 trillion.

Between the main altcoins, Solana 5.9 % increased, XRP 3 % increased, Cardano gained 2 %, Ducin jumped 3.8 %. Meanwhile, chainlink, CollapseHEDERA, and Stellar have published gains between 3 % and 10 %.

“Bitcoin retains more than $ 86,000, as it recorded a 3 % gain today. The main resistance level to watch $ 86,700; the collapse can pave the way for $ 90,000,” said Vikram Subburaj, CEO of Giottus.He added: “The immediate traded investment funds witnessed positive flows last week, feeding optimism between merchants. In addition, the Crypto Fear & Greed index rose to 45, indicating a gradual shift in feelings.”

Shifam Thakal, CEO of Buyucoin, indicated that organizational participation has also strengthened confidence. “The encryption market showed flexibility, as Bitcoin increased by 3.19 %. Investors closely monitor the round table that focuses on encryption in the United States, which indicates a more organized organizational approach. 24 -hour trading volume increased by 93 % to 18.2 billion dollars, while Stablecoin 94.74 % of the total encryption trading, reached, increased, reaching 57.58 billion dollars, according to Coinmarketcap.

Technology view by Zebpay Trade Office

Bitcoin Bulls pays renewed, while maintaining the price higher than the simple moving average for 200 days (84,899 dollars) during the weekend. Continuous tariff wars added fluctuations to both traditional markets and encryption, which increased uncertainty. While Bitcoin faces resistance on a 20 -day SIA moving average (86,246 dollars), the positive sign is that buyers keep a company, which prevents significant losses in the bears.

After reaching its highest level at 109,588 dollars, BTC started trading in the “descending triangle” style, where he found strong support at $ 90,000. Ultimately, the original erupted below the pattern, which led to a decrease in prices to $ 76,606.

After this step, BTC was combined, where it is traded in the range of $ 80,000 to 87,500 dollars with a decrease in storage units. The original has strong support at 80,000 dollars and $ 73,500, while it is still 90,000 dollars and 100,000 dollars. Resistance levels For bulls. A certain outlook over these resistance levels can lead to an additional crowd.

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