Bitcoin Tests USD 22K, Ethereum Accelerates, XRP Clears Hurdle, MATIC and AAVE Rally

cryptonews.com:

Bitcoin price started a stronger increase above the USD 20,500 resistance zone and even climbed above the USD 22,000 level. It is currently (04:57 UTC) trading near USD 22,100 and is up 8% in a day and 13% in a week.

Similarly, most major altcoins started a decent increase. ETH was able to clear the USD 1,200 and USD 1,250 resistance levels. XRP surpassed the key USD 0.35 resistance zone. ADA climbed above USD 0.48 and traded close to USD 0.50.

Total market capitalization

After a clear move above the USD 20,500 level, bitcoin price started a steady increase. BTC tested the USD 22,300 level, where it faced selling interest and moved to USD 22,100. The next major support is near the USD 21,500 zone, below which the price could decline toward the USD 21,200 level. 

On the upside, the price is facing resistance near the USD 22,350 level. The next major resistance is near USD 22,500, above which the price could rise to USD 23,000. 

Ethereum price gained pace above the USD 1,180 resistance zone, cleared the USD 1,250 level, and neared USD 1,260. ETH is now up 7% in a day and 19% in a week. The next major resistance is near USD 1,275, above which the price could rise to USD 1,320.

If there is a downside correction, the price might test USD 1,200. The next major support is near USD 1,180, below which the price could revisit the USD 1,120 support zone.

Cardano (ADA) started a steady increase above the USD 0.465 level. It cleared the USD 0.48 resistance and traded close to USD 0.50. A close above USD 0.50 could start a stronger increase.

BNB was able to clear the USD 242 resistance zone. The next major resistance is near USD 250, above which the price might rise towards the USD 265 level in the near term.

Solana (SOL) is up over 4% and