XRP Price Outpaces Bitcoin and Ethereum, Key Resistance Intact

cryptonews.com:

Bitcoin price failed to gain bullish momentum above the $19,500 resistance. BTC is currently (03:10 UTC) trading below $19,200. If there is a downside break below $19,000, the price may perhaps accelerate lower.

Similarly, most major altcoins are facing important hurdles. ETH topped near $1,380 and corrected gains. XRP remained strong and settled above the $0.40 resistance zone. ADA is consolidating above the $0.45 zone.

After struggling to settle above the $19,500 resistance, bitcoin price corrected gains. BTC declined below the $19,300 level and settled below the 50-hour simple moving average. It seems like the price is following a bearish trend line with resistance at $19,100 on the hourly chart. A clear move above the trend line might send the price to the $19,330 resistance. The next major resistance is near $19,620, above which the price might gain pace.

On the downside, an initial support is near the $18,780 level. The next major support is near the $18,380 zone, below which the price could even test the $18,000 support zone.

Ethereum price made a couple of attempts to settle above the $1,380 level and the 50-hour simple moving average. However, ETH failed and started a slow decline. There was a move below the $1,350 level. The next major support is $1,310, below which price could revisit $1,275.

On the upside, the price is facing resistance near the $1,345 level. The next major resistance is now forming near the $1,390 and $1,410 levels, above which the price may perhaps move into a positive zone.

Cardano (ADA) is currently consolidating above the $0.450 zone. If the price remains above $0.45, it could attempt a move towards the $0.48 resistance zone in the near term.

BNB tested the $272 level, but it failed to test