Bitcoin price started a fresh increase above the USD 43,350 resistance zone and even traded above the USD 44,200 level. It is currently (04:16 UTC) consolidating gains above USD 43,900 and eyeing an upside break above USD 44,350.
Similarly, most major altcoins are trading in a positive zone. ETH was able to clear the USD 3,080 resistance zone. XRP is still facing a strong selling interest near USD 0.85. ADA rallied close to USD 1.20 before correcting lower.
Total market capitalization
After a minor decline, bitcoin price started a fresh increase above the USD 43,000 level and climbed above the USD 44,200 level before it faced resistance. The price is now consolidating near USD 44,000 and is up almost 3% in a day. An immediate resistance is near the USD 44,200 level. The next major resistance is near the USD 44,350 level, above which the price could attempt a move above the USD 44,500 resistance.
If there is another downside correction, the price might find support near the USD 43,500 level. The next major support is near USD 43,000, below which BTC might test USD 42,500.
Ethereum price also gained pace above the USD 3,000 resistance, cleared the USD 3,120 level, and is now up almost 4% in a day. The next key resistance might be near the USD 3,150 level, above which the price could rise to USD 3,220.
If there is a fresh decline, the bulls might remain active near USD 3,050. The next major support is near the USD 3,000 level, below which the price might test the USD 2,950 support zone.
Cardano (ADA) gained pace above the USD 1.12 resistance zone. It even climbed above USD 1.15, but there was no test of the USD 1.20 resistance. It is now consolidating near the USD 1.12 level.
BNB cleared the USD 412 resistance level and is now
Read more on cryptonews.com