Bitcoin price started a fresh increase above the USD 23,500 resistance and settled above the USD 24,000 level. It is currently (12:20 PM UTC) trading just above USD 24,500 and is up almost 7% in a day and over 7% in a week.
Similarly, most major altcoins are eyeing further gains. ETH might climb further above USD 1,900 and might test the USD 2,000 resistance. XRP could gain pace if it clears USD 0.385. ADA is facing resistance near USD 0.55.
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After a close above USD 23,500, bitcoin price accelerated higher and moved above USD 24,500. If the bulls remain in action, the price may rise towards the USD 25,000 resistance. The next main resistance is near the USD 25,500 level, above which the price might rise towards USD 26,200.
On the downside, an initial support is at USD 24,200. The next major support is near the USD 24,000 zone, below which the price might test the USD 23,500 support zone.
Ethereum price is showing positive signs above the USD 1,850 level and is now attempting a close above the USD 1,900 resistance. A successful close above this level could open the doors for a move towards the USD 2,000 resistance. The next key resistance is near the USD 2,050 level, above which the price might test USD 2,120.
On the downside, an initial support is near the USD 1,850 level. The next major support is near the USD 1,800 zone. Any more losses could send the price to USD 1,700.
Cardano (ADA) climbed above the USD 0.535 resistance. It is now facing a strong resistance near the USD 0.55 level, above which the price could rise towards USD 0.60.
BNB is facing resistance near the USD 332 and USD 335 levels. A close above the USD 335 level might set the pace for more gains. In this case, the price may perhaps
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