This past week, there were sharp gains in ETH/USD as the pair gained more than 20 percent from the $499.29 swing low. It surpassed the $600.00 level before trading to a new monthly high at $630.20.
Similarly, ETH/BTC started an upward move and broke the 0.0650BTC and 0.0680BTC resistance levels. The current formation indicates more gains in the near term toward the 0.0700BTC resistance.
In the past few months, crypto traders have been so much disappointed by the declining prices of the majority of the crypto coins. This includes BitShares (BTS) whose price dropped from $0.87 USD to around $0.12 USD. This represents 86% drop in prices.
If a trader or an investor held BitShares (BTS) coins from January 4th to the beginning of April this year, he or she would have made total loss if they decided to sell the coins during that period. BTS was one of the coins that was worst affected by the miss harps that were happening in the crypto market during the Q1, 2018.
But as from the beginning of April, BitShares token has started to appreciate once more. As its price rises the target is at $1 USD by the end of Q2, 2018.