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21.12 - 15:17
Bitcoin and Ethereum Take a Pause, BTT and XTZ Rally
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Yesterday, bitcoin price started a steady recovery wave above the USD 50,000 level. BTC even cleared the USD 50,500 and USD 51,200 resistance levels. It is currently (04:28 UTC) facing resistance near USD 50,500 and might move lower.
Besides, most major altcoins are losing steam. ETH topped near USD 4,420 and is currently correcting gains. XRP failed to clear USD 0.85, but it is still above USD 0.80. ADA is down 6% and broke the USD 1.38 support.
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After a steady increase, bitcoin price managed to clear the USD 50,000 resistance. BTC even cleared the USD 51,200 level, but it faced a strong resistance near the USD 52,000 level. The price is moving lower and trading below USD 50,500. An immediate support is near USD
Read more on cryptonews.comAbout this in other media
Missed out on hot crypto stocks in 2021? It paid just to buy Bitcoin and Ethereum, data shows cointelegraph.com /2 years ago
Bitcoin and Ethereum Inch Higher, AVAX Rallies cryptonews.com /2 years ago
Bitcoin and Ethereum Struggle to Recover, YFI Rallies cryptonews.com /2 years ago
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