Bitcoin price corrected lower and tested the USD 49,000 region. BTC is relatively stable and is currently (04:24 UTC) facing resistance near USD 50,000. A close above USD 50,000 may perhaps push the price towards USD 52,000.
Besides, most major altcoins are gaining bullish momentum. ETH surpassed USD 4,350 and may perhaps gain strength above USD 4,400. XRP is up almost 5% and it is attempting a clear move above USD 0.85. ADA is rising towards the key USD 1.40 resistance….
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Yesterday, bitcoin price started a steady recovery wave above the USD 50,000 level. BTC even cleared the USD 50,500 and USD 51,200 resistance levels. It is currently (04:28 UTC) facing resistance near USD 50,500 and might move lower.
Besides, most major altcoins are losing steam. ETH topped near USD 4,420 and is currently correcting gains. XRP failed to clear USD 0.85, but it is still above USD 0.80. ADA is down 6% and broke the USD 1.38 support.
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Bitcoin price gained pace above the USD 50,000 level. BTC even cleared the USD 50,500 and USD 51,200 resistance levels. It is currently (12:09 UTC) showing bullish signs and the bulls seem to be aiming for a test of USD 52,500.
Besides, most major altcoins are rising steadily. ETH rallied above the USD 4,320 and USD 4,400 resistance levels. XRP might attempt an upside break above USD 0.85. ADA rallied above the USD 1.40 and USD 1.42 resistance levels.
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Bitcoin price attempted a recovery wave above the USD 49,000 level. However, BTC failed to clear the USD 50,000 resistance zone and started a fresh decline to almost USD 47,000. It is currently (12:08 UTC) trying to recover and moving higher above USD 48,000 again.
Similarly, most major altcoins are also trying to recover losses. ETH is back above USD 4,000, while XRP is trying to move above the USD 0.80 level again. After testing USD 1.26, ADA is now back above USD 1.30….
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Bitcoin price remained well bid above the USD 55,000 level. BTC started a fresh increase and traded above the USD 57,000 level before correcting lower. It is currently (11:54 UTC) rising and it might revisit USD 57,000 again.
Besides, most major altcoins are also moving higher. ETH could attempt a fresh increase above the USD 4,700 level. XRP might gain traction if there is a clear break above USD 1.00. ADA is outperforming and there could be more gains above USD 1.68….
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Bitcoin price failed to gain pace above USD 57,500. As a result, there was a fresh decline below the USD 56,500 level and BTC is currently (04:30 UTC) trading around this level.
Besides, most major altcoins are still above key supports. ETH could decline more if there is a clear break below USD 4,450. XRP must stay above USD 0.920 to revisit USD 1.00. ADA is outperforming and there was a clear move above the USD 1.65 level.
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Bitcoin price extended decline below the USD 56,500 support. However, BTC stayed above the USD 55,500 support. It is slowly recovering and is currently (11:30 UTC) facing resistance near 57,200. The main hurdle is still near USD 58,000.
Besides, most major altcoins are trading above key supports. ETH spiked below USD 4,500, but it stayed above USD 4,450. XRP is slowly moving higher towards the USD 1.00 resistance. ADA found support near USD 1.52 and recovered above USD 1.55….
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After touching USD 59,000, bitcoin price failed to continue higher and dived below USD 56,000. It is currently (04:19 UTC) trying to recover towards USD 56,500.
Besides, most major altcoins are also trying to recover losses. ETH is down 5% and there was a break below the USD 4,550 support zone. XRP is now trading below the USD 1.00 pivot level. ADA is trading below USD 1.55.
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