- Bitcoin prices have recovered above the US $ 42,000 level.
- Ethereum was above $ 3,200 and XRP was above $ 0.75.
- ATOM has increased by 20% and MANA, QNT, and ONE have increased by at least 11%.
Bitcoin’s price could not recover above US $ 43,500 and the decline was prolonged. BTC traded below the support level of $ 42,500. It is currently trading near US $ 42,300 (12:57 UTC) but is struggling to rise.
Similarly, most major altcoins are gaining bearish momentum. ETH plunged towards $ 3,100 before recovering above $ 3,200. XRP It is still consolidating near the USD 0.75 level. ADA fell below $ 1.20 before recovering a few points.
After a minor recovery Bitcoin price It could not continue to rise above US $ 43,500. BTC started a new fall below US $ 42,500 support earlier today. Prices soared towards US $ 41,000 before a new wave of recovery began. Conversely, immediate resistance is close to the level of US $ 43,000. The first major resistance is close to $ 43,500, above which the price may try a stronger fix.
On the downside, initial support is close to the $ 42,000 level. The next major support is close to $ 41,200, below which prices could fall towards $ 40,000.
Ethereum price It was below the support level of $ 3,300 and $ 3,250. It has almost tested the USD3,100 level before fixing higher and is currently trading above USD3,200. The imminent hurdle is close to $ 3,250, beyond which prices can rise towards $ 3,350.
Immediate support is close to the USD 3,200 level. The next major support is close to $ 3,120, below which you can test $ 3,000.
Prices for ADA, BNB, SOL, DOGE, and XRP
Cardano (ADA) It is integrated near the USD 1.20 level. It faces resistance near the USD1.232 level.The next major resistance is close to $ 1.25, above which prices may rise towards the $ 1.28 level.
Binance coin (BNB) It was below the support level of $ 455 and further below the level of $ 432. It is now being reintegrated for nearly $ 450. Conversely, bears are likely to remain active near the $ 465 level.
Solana (SOL) Moved towards the $ 135 level before it fell 6% and recovered to $ 140. The next major support is close to the $ 132 level. Further losses could push prices to the $ 125 level.
Doge It is integrated near the USD 0.150 level. Conversely, we are facing resistance near the $ 0.165 level. A clear move above $ 0.165 could set the pace of the move to the $ 0.172 level.
XRP price We tested the USD 0.732 level before recovering some points. It is currently integrated above the $ 0.75 level. The first major resistance is close to the USD 0.78 level, above which you can test USD 0.80.
Other altcoin markets today
Some altcoins such as ATOM, ONE, QNT, MANA, ZEC, FXS, OSMO and JEWEL have increased by more than 5%. Of these, ATOM leads the market, jumping 20% in a day and above the $ 43 level. Prices will rise 44% in a week.
In summary, Bitcoin is struggling to recover to the US $ 43,000 level. If BTC does not exceed $ 40,000, it could fall even more significantly in the next few days.