The cryptocurrency market has been recovering for the last three days.
Over the past three days, the price of bitcoins has recovered from 9000 to 9300 US dollars, the cryptocurrency continues to grow in price. Bitcoin Relative Strength Index (RSI) is equal to 55, which means that the cryptocurrency is in the neutral zone and is not overbought and not oversold. Supposedly, in the near future, Bitcoin will be held within 9300 dollars.
Bitcoin is growing well, but not the best
At the same time, if the price of bitcoins rose by about 3 percent, Ethereum and Bitcoin Cash recorded profits in the range from 3 to 8 percent. Less popular coins, Ziliqa (ZIL) and 0x (ZRX) posted a more impressive gain of over 20 percent. Other tokens such as VeChain (VEN) and ZRX also posted big gains against Bitcoin against the USD, offsetting losses during the first quarter of 2018.
Bitcoin unsuccessfully tried to test the $ 10 support level. The planned SEC hearing on Ethereum on May 000 was expected to positively affect the market, but it did not take place, according to CCN.