Ethereum and Bitcoin Still Restricted, RUNE and GRT Skyrocket
- Bitcoin price is still varying around USD 39,000.
- Ethereum still going down near $2,600, XRP is merging above USD 0.75.
- RUNE and GRT leaped 10% to 14%.
Bitcoin price begins another recovery wave which is over USD 38,850 AND 39,000 levels.BTC ascended above $39,500,before falling to $39,000 again.the current price is over $38,700.
Moreover, the most crucial altcoins are also shifting around major levels. Ethereum has still remained near USD 2,550, with a serious obstacle near $2,600.XRP might increase above USD0.80 resistance.ADA tried to reach above $0.82 resistance.
After setting up a base, Bitcoin price begin a recovery wave above the $38,800 level and advanced above USD 39,500. But the bears stayed active and there was no test of the $40,000 resistance.It is currently below USD 39,000 while the upcoming key resistance is near $40,000 and from here the price may start to increase steadily. If not, it could reduce towards the USD 38,500 level.
Ethereum price tried an upside break over the USD 2,600 resistance but failed.ETH is mingling under $2,550.the next key support is nearly USD 2,500 level, underneath which the price might decrease to $2,440.
The price could increase up to USD 2,650 if the bull attempts an upside break above USD 2600 and succeed.
ADA, BNB, SOL, DOGE, and XRP price
Cardano (ADA) skyrocketed above the USD 0.81 level, but it could not clear the $0.82 resistance. The price is now staying constant in a range with key support at $0.78.
BNB is rising towards the USD 370 level. The first crucial resistance is near the USD 375 level, above which the price may increase in the direction of the USD 385 level.
Solana (SOL) is doing business near the USD 80 level. if there are further losses, the price might decrease in the direction of the USD 75 level.
DOGE remains at the USD 0.112 level. On the upside, the price is having resistance near the USD 0.115 level. The main obstacle for a strong rise is still near the USD 0.120 level.
XRP price is consolidating over the USD 0.75 picot zone. The plus point is, the bears are active near the USD 0.80 level. A close over USD 0.80 might start a big rise in the upcoming sessions.
Other altcoins market today
A small number of altcoins are up over 3%/including NEAR,LINK,LUNA,ASX,EGLD,RUNE,MIOTA,MKR,GRT,BAT AND XEC.Out of these, GRT rises up to 10% and broke the USD 0.355 level which increases its weekly profits to 11%.RUNE rises from 14% to USD 7.45. Its current weekly gains are at 73%.
Overall, the bitcoin price is still below USD 39,500 and 40,000, while still trying to reach USD 40,000 in the near future.