- Bitcoin price is testing the USD 21,000 level.
- Ethereum is fluctuating near USD 1,150, XRP might test the USD 0.35 resistance.
- WAVES and ZIL jumped 18%-19%.
Bitcoin price moved higher above the USD 20,500 resistance zone and climbed above the USD 21,200 level before correcting lower. It is currently (11:51 UTC) trading near USD 21,060 and is up 1% in a day and down 6% in a week.
Similarly, most major altcoins are trending higher. ETH cleared the USD 1,150 level before trimming some of its gains. XRP is also moving higher while ADA tested the USD 0.50 resistance.
Total market capitalization
Bitcoin price
After a close above the USD 20,500 resistance, bitcoin price was able to continue higher and cleared the USD 21,000 and USD 21,200 resistance levels before moving closer to USD 21,000 again. The next major resistance could be USD 22,200, above which the price may perhaps climb towards the USD 23,000 level in the near term.
On the downside, an initial support is near the USD 20,500 level. The next major support is near the USD 20,000 zone, below which the price could gain bearish momentum.
Ethereum price
Ethereum price was able to climb above the USD 1,112 level and surpass the USD 1,150 level before correcting lower. If there is a proper close above the USD 1,150 level, the price might accelerate higher. The next major resistance could be USD 1,200, above which the price could rise towards the USD 1,250 level. ETH is down 1% in a day and almost 5% in a week.
On the downside, an immediate support is at USD 1,080. The next major support is near USD 1,050, below which the bulls could face an increase in selling pressure.
ADA, BNB, SOL, DOGE, and XRP price
Cardano (ADA) was able to clear the USD 0.50 resistance but failed to continue higher and corrected below this level again. If it resumes its increase, an immediate resistance is at USD 0.62. Any more gains could set the pace for a move towards USD 0.65.
BNB remained above the USD 212 level and tested the USD 220 resistance. The next major resistance is near USD 225, above which the price may perhaps rise towards the USD 235 resistance.
Solana (SOL) is gaining pace above the USD 35 resistance. It even cleared the USD 36.80 level. If the bulls remain in action, there are chances of a move towards the USD 40 level.
DOGE jumped over 5% and was able to clear the USD 0.062 resistance. The price even surged above 0.064 while the next major resistance on the upside is near USD 0.068.
XRP price is moving higher towards the USD 0.335 resistance. The next major resistance is near the USD 0.35 level, above which the price might rise towards USD 0.40.
Other altcoins market today
Many altcoins are up over 5%, including TRX, AVAX, FTT, LINK, MATIC, UNI, NEAR, ALGO, XMR, VET, HBAR, FLOW, and ICP. Meanwhile, ZIL jumped 18% and surpassed USD 5.6, while ZIL rallied 19% and moved above USD 0.041. Both tokens are also up 22% and 27% in a week, respectively. CEL is still the best performer among the top 100 cryptoassets today.
To sum up, bitcoin price is testing the USD 21,000 level. If BTC settles above USD 21,200 and USD 21,500, there could be a steady increase.
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Source: Cryptonews
