There were positive moves in bitcoin price above the USD 28,800 pivot level and USD 29,000. BTC traded to a new all-time high close to USD 29,500 and it is currently (04:00 UTC) trading in a positive zone. It seems like the price might continue to rise towards USD 29,800 and USD 30,000 in the near term. Similarly, most major altcoins are trading in a positive zone. ETH/USD is trading above USD 740, but it must gain pace above USD 750 for a sustained move higher. XRP/USD is trading well above USD 0.225 and it might test the USD 0.250 resistance.
