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Bitcoin and Ethereum Try to Recover, SAND Doubles in a Week
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Bitcoin price is trading well above the USD 55,500 support level. BTC is rising and is currently (04:41 UTC) trading near USD 57,500. A close above USD 58,000 could open the doors for a steady recovery wave in the near term.
Besides, most major altcoins are showing positive signs. ETH is back above USD 4,250 and it might clear the USD 4,350 resistance. XRP must settle above USD 1.05 to start a steady increase. ADA is trading below the USD 1.72 pivot level.
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After a minor decline, bitcoin price found support near the USD 56,000 level. BTC started a fresh increase and climbed above USD 57,000. It even cleared the USD 57,500 level and is currently facing resistance near USD 58,000. The next major resistance is near USD
Read more on cryptonews.comAbout this in other media
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