Bitcoin price is trading well above the USD 55,500 support level. BTC is rising and is currently (04:41 UTC) trading near USD 57,500. A close above USD 58,000 could open the doors for a steady recovery wave in the near term.
Besides, most major altcoins are showing positive signs. ETH is back above USD 4,250 and it might clear the USD 4,350 resistance. XRP must settle above USD 1.05 to start a steady increase. ADA is trading below the USD 1.72 pivot level….
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Bitcoin price is still facing many hurdles below the USD 58,000 resistance zone. BTC is currently (12:00 PM UTC) consolidating above the USD 55,500 support. A close below this level may possibly spark a sharper decline.
Besides, most major altcoins are stuck in a range. ETH is rising towards the USD 4,350 resistance zone. XRP is facing resistance near USD 1.05, while ADA is still below USD 1.70.
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Bitcoin price failed to gain pace above the USD 58,000 resistance zone. As a result, BTC started a fresh decline and traded below USD 56,500. It is currently (04:31 UTC) back above this level but still showing bearish signs and it could accelerate below USD 56,000….
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Bitcoin price is struggling to clear the USD 57,500 and USD 58,000 resistance levels. BTC is currently (11:30 UTC) consolidating near USD 56,000 support. It could either start a steady increase to USD 60,000 or dive below USD 55,500 in the near term….
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Bitcoin price attempted recovery wave above the USD 58,000 level. However, BTC failed to gain strength and struggled above USD 58,500. As a result, there was a fresh bearish reaction, and the price is currently (04:58 UTC) trading below USD 57,000.
Besides, most major altcoins are showing bearish signs. ETH is trading below USD 4,200 and it could continue to move down. XRP is still above USD 1.00, but it is facing a lot of hurdles. ADA is moving lower towards USD 1.80….
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Bitcoin price started a fresh decline below USD 58,500. BTC even broke the USD 57,500 support, and it is currently (12:04 PM UTC) consolidating losses. To start a fresh increase, it must clear USD 58,500 and USD 60,000.
Besides, most major altcoins are struggling to start a recovery wave. ETH traded below USD 4,250, but it is still well above USD 4,050. XRP bulls managed to protect a break below USD 1.00. ADA might attempt a recovery if there is a break above USD 1.88….
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Bitcoin price extended decline below the USD 56,000 level. BTC tested USD 55,500 and is currently (11:54 UTC) consolidating losses near USD 57,000. To start a fresh increase, the price must clear the USD 58,500 resistance zone.
Besides, most major altcoins are also recovering losses. ETH climbed above USD 4,100, but it is facing resistance near USD 4,250. XRP tested the main support at USD 1.00. ADA spiked towards USD 1.70 but corrected higher to USD 1.80….
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Bitcoin price failed to clear the USD 61,200 resistance. As a result, BTC started a fresh decline below the USD 60,000 and USD 58,500 support levels. It is currently (04:17 UTC) down 6.7% and is trading near USD 56,000.
Similarly, most major altcoins are sliding. ETH is down 6.4% and traded below the USD 4,000 support. XRP is now near USD 1.00. ADA dropped 6%, moving below USD 1.80.
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Bitcoin price attempted a recovery wave above the USD 60,000 level. However, BTC struggled to clear the USD 60,900 and USD 61,000 levels. It is currently (11:56 UTC) declining, with a risk of more losses below USD 59,500.
Similarly, most major altcoins are struggling to start a fresh increase. ETH topped near USD 4,350 and declined below USD 4,240. XRP also declined below the USD 1.12 support zone. ADA struggled to gain momentum above USD 1.90.
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Bitcoin price found support near USD 58,500 and recovered. BTC is back above USD 60,000 and is currently (04:23 UTC) consolidating. A close above USD 61,200 could push the price towards the USD 62,500 resistance zone.
Besides, most major altcoins are gaining bullish momentum. ETH is up 5% and it broke the USD 4,300 level. XRP gained pace for a move above the USD 1.12 resistance. ADA is rising towards the USD 2.00 resistance zone.
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