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Bitcoin, Ethereum & Elrond — Asian Wrap 15 December

Bitcoin price, the peer-to-peer digital currency, currently auctions at 17,925, a 4.1% increase from December 13’s opening price. BTC price rose into a key resistant zone but has not displayed enough bearish strength to call the uptrend move over. According to the previous outlook, the next bullish target is $18,962, with an invalidation of the uptrend at $18,880.

Ethereum price shows potential for more upside gains. As the ETH price rapidly ascends toward significant resistant zones, traders may want to wait for ideal buy signals before entering the market. A retest of the mid-1,200 zone would make it void of the bullish potential.

Elrond (EGLD) price is in the red after losing 2.1% of its value over the last 24 hours. It is exchanging hands at $43.71 on Tuesday during the American session while bulls work around the clock to prevent a possible 18.10% breakdown.

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