Yesterday’s bitcoin price rally was above the USD 42,500 resistance and even spiked to USD 44,000 before correcting lower. At 04:27 UTC, it is consolidating gains over USD 43.750.
Similar to the other altcoins, most of them extended gains and encountered resistance. ETH saw a surge above USD 3320, and reached USD 3,400. XRP also rose but was stopped by resistance at USD 0.80. ADA rose above USD 1.30, and even tested USD 1.35 before stabilizing lower.
Bitcoin price
After moving above USD 42,500, Bitcoin price began a stronger rise. BTC soared past the USD 43,000. resistance and even crossed the USD 44.500 zone. The Bitcoin is consolidating gains with support at the USD 43,000. The price could revert to USD 42,500 below this level.
The USD 44,000 level is the immediate resistance. The USD 44,500 is the next major resistance. If the price breaks that, it could start to move towards the USD 45,000.
Ethereum price
Ethereum price accelerated after breaking the USD 3,250 resistance zone. The USD 3,320 resistance level and the USD 3,350 resistance level were broken by ETH, which rallied. The price of ETH was USD 3,400 at one point before it corrected lower. The USD 3,300 level is the initial support. The USD 3,250 level is the next major support. Below that, USD 3,150 might be possible.
The upside is that the price is now facing resistance at USD 3,380. The next hurdle is close to USD 3,400. If this price rises, it could reach USD 3,450.
ADA, BNB and SOL prices.
Cardano – rallied higher than the USD 1.28 resistance level and USD 1.30 support levels. It has been consolidating gains and even crossed USD 1.35. It is currently trading at USD 1.30 as its main support, but below that there is the risk of a fall to USD 1.25.
Binance Coin (BNB). gained more than USD 480. The USD 488 level is the next resistance, and above that price could test USD 500. The price could test USD 465 if there is a downturn.
Solana rose above the USD142 level, even soaring above USD 150. It is currently trading in a range with a key support at USD 145. Near the USD 138 level is the next major support.
DOGE has risen above the USD 0.155 mark. The price is trading at the USD 0.167 level, up nearly 10% The USD 0.172 level is the next major resistance. Above that, the price could climb towards USD 0.180.
XRP price rose above the USD 0.78 resistance. The price even jumped above USD 0.80, before falling back to USD 0.80. The USD 0.78 level is the immediate support. Below that, the bulls may appear as close to USD 0.765.
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