Bitcoin and Ethereum Look for Direction, DOGE and STX Still Outperform

cryptonews.com:

Bitcoin price started a consolidation phase above the USD 20,500 zone and moved above the USD 21,200 level. It is currently (11:59 UTC) trading near USD 21,350 and is down over 1% in a day and up 4% in a week. 

Similarly, most major altcoins are also looking for direction. ETH still could test the USD 1,250 hurdle and continue higher. XRP is consolidating above USD 0.350 while ADA must settle above the USD 0.50 level to start a steady increase.

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After a minor decline below USD 21,000, bitcoin price found support. BTC remained stable and climbed above the USD 21,200 level. On the upside, an immediate resistance is near the USD 21,500 level. The next major resistance is now near USD 21,800. A clear move above the USD 21,800 and USD 22,000 resistance levels might start a fresh increase.

On the downside, an initial support is near the USD 20,800 level. The next key support is near the USD 20,500 zone, below which the price could gain bearish momentum.

Ethereum price also remained above the USD 1,180 level and managed to move back above the USD 1,220 resistance level. ETH is down almost 4% in a day and up almost 9% in a week. The next major resistance is near USD 1,250, above which the price could even clear the USD 1,280 resistance. In this case, the price may perhaps rise to USD 1,350.

On the downside, an initial support is at USD 1,200. The next major support is near USD 1,150, below which the price could decline to USD 1,050.

Cardano (ADA) is attempting a close above the USD 0.50 resistance. If the price stays above the USD 0.50 zone for some time, it could start a wave towards the USD 0.532 level.

BNB is moving higher towards the USD 240 level. The first major resistance is near the USD 245 level. A