Bitcoin and Ethereum Aim To End 2021 On Positive Note
Bitcoin price started a slow recovery wave above the USD 47,500 level. BTC even climbed above USD 48,700 and is now (12:21 UTC) correcting gains near USD 48,000. A close above USD 48,500 might spark a steady increase.
Similarly, most major altcoins are consolidating below key hurdles. ETH is eyeing an upside break above USD 3,800 and USD 3,820. XRP could recover more if it clears USD 0.85. ADA eyes the USD 1.38 resistance zone.
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After consolidating above USD 46,000, bitcoin price started a minor upside correction. BTC recovered above the USD 48,700 before correcting lower again. A successful close above USD 48,500 could open the doors for a steady increase. The next key resistance may possibly be near the USD 50,000
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