The cryptocurrency market has experienced positive growth amid the recent banking crisis in the United States. Bitcoin briefly surpassed the $28k mark before dropping back down. BTC is currently facing resistance at $28,228 with support at $26,811.
Here are the top three cryptocurrencies that could rally along with Bitcoin:
Ethereum (ETH): With the second-largest market capitalization in the cryptocurrency market, Ethereum’s price usually follows BTC. ETH has gained 11.1% while BTC gained 24.9% in the seven-day chart. Ethereum is facing resistance at $1820.25 with support at $1743.12.
Litecoin (LTC): LTC has gained 7.7% in the last seven days but fell 2.2% in the past 24 hours. However, if BTC rises above $28k, LTC has a high probability of rallying. Litecoin is facing resistance at $88.02 with support at $80.80.
Cardano (ADA): Another well-known cryptocurrency project that could rally with Bitcoin is Cardano (ADA). ADA is facing resistance at $0.3501 with support at $0.3337.
