However, today's session seems to be a bit more mixed as Bitcoin steps into some key levels and some altcoins seem to not have got as much traction as the past month.
Ethereum did drag a few of its peers higher yesterday but more bullish momentum would be welcome for some minor coins to come back to the past week highs .
Let's take a look at what the daily crypto picture is looking like and a few technical charts including Ethereum, Bitcoin, XRP and ETH/BTC
Ethereum is leading to the upside with OP and APT (Ethereum competitor) also doing some heavy lifting.
On the other side though, XRP and XLM are seeing some heavy selling flows, but despite the 3% correction, the magnitude is not too severe (cryptos can be even more volatile than this)
ETH Bulls have held the 3,500 Main support, retested last Sunday and have since built higher lows, and led to a break above the 4H 50-period MA ($3,720).
The slow and steady grind higher helped to break the downward trendline that formed from the past week highs at $3,944 – Preceding resistance at that zone may act as immediate support.
The breaching of the $4,000 landmark did not last long, but the action is still consolidating above the preceding highs.
RSI Momentum is currently close to overbought territory, so the rest will be to see if this morning's rally does not materialize into a fakeout.
