Bitcoin and Ethereum Slip on Russian Nuclear Show Off, FIL, AR, and UNI Rally

cryptonews.com:

Bitcoin price gained pace for a move above the 38,500 resistance zone. BTC attempted an upside break above USD 39,500 and USD 40,000 but corrected lower as Russia’s president Vladimir Putin put Russia's nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine. 

BTC is currently (04:30 UTC) down 2% and is trading near USD 37,900 and it might remain well bid above the USD 37,200 support zone.

Similarly, most major altcoins are correcting gains. ETH spiked above USD 2,700 and is currently consolidating near USD 2,600, having dropped almost 4% in a day. XRP is stable above USD 0.70 and facing resistance near USD 0.75. ADA is showing positive signs above USD 0.865.

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After a strong upward move, bitcoin price faced sellers near USD 39,500 and USD 40,000 levels. It started a downside correction and traded below USD 38,500. It is now holding gains above the USD 37,500 support zone. The next key support is near the USD 37,200 level, below which the price may perhaps decline to USD 36,500.

On the upside, the price is facing resistance near the USD 38,500 level. The main weekly resistance is near the USD 40,000 level, above which the price might gain bullish momentum. 

Ethereum price also gained pace for a move above the USD 2,750 resistance. ETH spiked above USD 2,800, but there was no move towards USD 3,000. The price is now consolidating near the USD 2,600 level. The next key support is near the USD 2,550 zone, below which the price might test USD 2,420.

On the upside, the price is facing resistance near the USD 2,650 level. The next key resistance is near the USD 2,750 zone, above which the price may perhaps test USD 2,880. 

Cardano (ADA) spiked above the