- Bitcoin cost is eyeing an upside break above $19,650.
- Ethereum could rally above $1,350, XRP is battling to obvious $.45.
- DCR expires over 10%, and HNT continues to be gaining bullish momentum.
Bitcoin cost retrieved over the $19,000 and $19,200 level. BTC is presently (10:30 UTC) eyeing an upside break over the $19,650 resistance. When the bulls succeed, the cost could rally 5%-8%.
Similarly, most major altcoins might begin a fresh increase. ETH is consolidating above $1,300 and can climb greater above $1,350. XRP continues to be facing resistance close to the $.45 zone. ADA is consolidating close to the $.435 level.
Bitcoin cost
Lately, bitcoin cost began a recovery wave over the $19,200 resistance. BTC even settled over the $19,200 level and also the 50-hour simple moving average. However, the cost appears to become facing a powerful resistance close to the $19,650 and $19,700 levels. The following major resistance is near $20,000, above that the cost might begin a strong increase.
If there’s no upside break above $19,650, the cost may possibly begin a fresh decline. Around the downside, a preliminary support is close to the $19,300 level. The following major support is close to the $19,000 zone, below that the cost gain bearish momentum.
Ethereum cost
Ethereum cost rose greater over the $1,300 resistance zone. ETH even removed the $1,320 level and also the 50-hour simple moving average. It’s now battling to obvious the $1,340 level along with a connecting bearish trend line around the hourly chart. The following major resistance is close to the $1,350 level, above that the cost could revisit the $1,400 resistance.
If ether cost does not obvious the popularity line resistance, it might correct lower. Around the downside, a preliminary support is close to the $1,308 level. The following major support is $1,280, below which cost could revisit $1,255.
ADA, BNB, SOL, DOGE, and XRP cost
Cardano (ADA) continues to be consolidating close to the $.435 level. If there’s a brand new increase, it could test the $.45 resistance zone. On the other hand, the cost could drop and test $.42.
BNB is buying and selling inside a range near $282 level. An instantaneous resistance is near $285. The following major resistance is close to the $288 level, above that the cost could rise to $295.
Solana (SOL) is gradually moving greater for the $34.20 resistance. Anymore gains might send the cost for the $35 level. Around the downside, there’s a good support developing near $32.50.
DOGE is consolidating over the $.0600 level. An instantaneous resistance is close to the $.062 level. If there’s no move above $.0620, the cost could drop and revisit $.0565.
XRP cost is gradually moving greater for the $.45 resistance. A obvious upside break above $.45 might begin a fresh increase. Within the mentioned situation, the cost may possibly revisit the $.48 resistance.
Other altcoins market today
Many altcoins have been in the eco-friendly zone, including DCR, HNT, EOS, XEM, SNX, LDO, LUNC, CAKE, KSM, MKR, and CRV. From these, DCR is gaining pace over the $27.00 level and can rise further.
To summarize, bitcoin cost is consolidating above $19,200. If BTC clears the $19,650 resistance, it might easily exceed $20,000.
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