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Bitcoin and Ethereum Consolidate Gains, AXS and WAVES Dive

  • Bitcoin prices are struggling to increase the pace above US $ 32,000.
  • Ethereum has retested its support for $ 1,920, but XRP is still above $ 0.40.
  • AXS and WAVES have the worst performance today.

Bitcoin’s price soared to $ 32,400, where bears appeared, making another attempt to clear the $ 32,200 resistance zone. It is currently trading at close to $ 31,600 (04:09 UTC), with little change in the day and a 7% increase in the week.

Similarly, most major altcoins have moved down. ETH has been modified for less than $ 1,950 and tested for $ 1,920. XRP is still trading beyond the USD0.40 support zone. ADA cut profits and approached US $ 0.60.

Market capitalization


Bitcoin price

After another move over US $ 32,000 Bitcoin price Faced with the seller, could not exceed the USD32,400 level. It formed a short-term top and launched a downside correction below $ 32,000. On the downside, immediate support for $ 31,200. The next major support is still near the USD30,500 zone, below which prices could fall even more significantly.

Conversely, prices are facing resistance at around $ 32,200. The next major resistance is close to USD 32,400. A clear move above the $ 32,400 level could start a steady increase in the short term.

Ethereum price

Ethereum price I had a hard time surpassing the resistance of US $ 2,000. ETH has modified below the $ 1,950 support level and tested $ 1,920 support. Prices are down more than 3% in a day and almost 3% in a week. If there are further downsides, the price could probably slide towards $ 1,850 support.

Conversely, initial resistance is close to the US $ 1,980 level. The next major resistance is close to $ 2,000, above which ETH can rise towards the $ 2,085 resistance zone.

Prices for ADA, BNB, SOL, DOGE, and XRP

Cardano (ADA) The rally was extended beyond the resistance of the US dollar. However, we faced sellers near the $ 0.688 zone. As a result, the downside has been corrected and the price is currently testing the $ 0.60 zone.

BNB It soared towards the USD330 level before it fixed lower. It is trading below the USD320 level. The next major support is $ 312, below which there is a risk of moving to $ 300.

Solana (SOL) It is down 6% to below the US $ 45 level. The next major support is close to $ 42. Further losses could send the price to a $ 40 support zone.

Doge It is integrated near the USD 0.0850 level. If there is a bearish reaction, the price could test a support zone of $ 0.0820. Conversely, you can revisit the resistance level of $ 0.0880.

XRP price We are facing a hurdle near the resistance of $ 0.425. A clear move above $ 0.425 could send the price towards a resistance of $ 0.45. If this is not the case, you may have a hard time keeping above $ 0.40.

Other altcoin markets today

Many altcoins such as DOT, AVAX, SHIB, NEAR, ETC, ATOM, MANA, EGLD, SAND, AXS, WAVES, ZEC, RUNE have decreased by more than 5%. Of these, AXS and WAVES are down about 18%, showing the worst performance of today’s top 100 crypto assets by market capitalization. WAVES traded close to $ 7.90, up 46% in a week, while AXS adjusted the weekly rise to 6%, below $ 22.50. Meanwhile, TFUEL surged 15% to reach US $ 0.073.

Overall, Bitcoin prices have integrated profits of less than US $ 32,000. However, BTC may continue to be supported at the $ 31,200 level or close to $ 30,500 in future sessions.


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