Bitcoin price is still consolidating above the USD 47,000 level and is currently (11:48 UTC) trading near USD 47,100. It’s almost unchanged in a day.
Meanwhile, ETH is stuck near USD 3,400, while XRP is still below the USD 0.90 resistance. ADA is trying to reach the USD 1.245 resistance.
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In the past few sessions, bitcoin price saw range moves above the USD 46,500 support. BTC moved higher above the USD 47,000 resistance. On the upside, the price is facing a hurdle near the USD 47,500 level. The next major resistance is near the USD 48,000 level, above which the price could start a steady increase. In this case, the bulls might aim for USD 50,000.
On the downside, the price might find bids near the USD 46,800 level. The next major support is near USD 46,200, below which the price might even decline to USD 45,500.
Ethereum price is consolidating near the USD 3,400 pivot zone and is unchanged in a day. ETH is facing resistance near the USD 3,450 level. The next key resistance might be near the USD 3,500 level, above which the price could rise toward the USD 3,650 level.
On the downside, the price might find support near the USD 3,400 level. The next major support is near the USD 3,350 level, below which the bulls could struggle in the near term.
Cardano (ADA) settled above the USD 1.20 level. It is now consolidating near the USD 1.22 level. The key hurdle is near the USD 1.245 and USD 1.250 levels, above which the price may perhaps accelerate higher.
BNB is up 2% and trading above the USD 445 level. It is now attempting a clear move above the USD 450 level. A close above this level could set the pace for a larger increase.
Solana (SOL) gained over 13% and there was a clear move above the USD 125
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