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Bitcoin Holds Ground, Ethereum and Altcoins Gain Momentum
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Bitcoin price found support near USD 58,500 and recovered. BTC is back above USD 60,000 and is currently (04:23 UTC) consolidating. A close above USD 61,200 could push the price towards the USD 62,500 resistance zone.
Besides, most major altcoins are gaining bullish momentum. ETH is up 5% and it broke the USD 4,300 level. XRP gained pace for a move above the USD 1.12 resistance. ADA is rising towards the USD 2.00 resistance zone.
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After a sharp decline, bitcoin price found support near the USD 58,500 level. BTC started an upside correction and traded above USD 60,000. On the upside, the price could struggle near the USD 61,000 level. A close above USD 61,000 could push the price towards the key USD 62,500 resistance
Read more on cryptonews.comAbout this in other media
Bitcoin and Ethereum Inch Higher, Altcoins Gain Momentum cryptonews.com /3 years ago
Bitcoin holds $57K amid warning weak hands could fuel a fresh BTC price dip cointelegraph.com /3 years ago
Bitcoin, Ethereum and Altcoins Nosedive cryptonews.com /3 years ago
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