- Bitcoin cost is eyeing an upside break over the $19,500 resistance zone.
- Ethereum continues to be below $1,350, XRP declined underneath the $.48 support.
- LUNC rallied over 40% and LUNA acquired nearly 15%.
Bitcoin cost gradually moved greater over the $19,000 resistance. BTC is presently (11:10 UTC) consolidating over the $19,000 level. It appears such as the cost might begin a fresh increase whether it stays over the $19,000 zone.
Besides, most major altcoins are facing hurdles. ETH a vital bearish trend line, but it’s battling to achieve bullish momentum. XRP is lower over 4% and can even test the $.455 support zone. ADA declined underneath the $.45 support.
Bitcoin cost
After developing basics over the $18,680 level, bitcoin cost began a recovery wave. BTC could obvious the $18,800 and $19,000 resistance levels. It also surpassed a connected bearish trend line at $19,000 on hourly chart and settled over the 50-hour simple moving average. Around the upside, the cost is facing resistance close to the $19,300 level. The following major resistance is near $19,500, above that the cost might begin a steady increase to $20,000. Anymore gains might send the cost for the $20,500 level.
Around the downside, a preliminary support is close to the $19,000 level. The following major support is close to the $18,680 zone, below that the cost could struggle in which to stay an optimistic zone.
Ethereum cost
Ethereum cost also began a recovery wave in the $1,270 support. ETH could obvious the $1,300 resistance zone and also the 50-hour simple moving average. It also removed a vital connecting bearish trend line at $1,310 around the hourly chart. Around the upside, the cost is facing resistance close to the $1,320 level. The following major resistance has become developing close to the $1,350 level, above that the cost could revisit the $1,400 resistance.
Around the downside, a preliminary support is close to the $1,300 level. The following major support is $1,270, below which cost could test $1,220.
ADA, BNB, SOL, DOGE, and XRP cost
Cardano (ADA) traded underneath the $.45 level. It appears such as the cost might soon test the $.435 level, below which there’s a danger of the move for the $.42 level.
BNB continues to be consolidating close to the $272 level. It’s facing resistance close to the $275 level. A obvious move over the $275 level might send the cost for the $288 level.
Solana (SOL) is gradually moving lower underneath the $32.50 zone. If there’s a drawback reaction, the cost may possibly test $31.20. The following major support sits at $30.50.
DOGE is moving lower for the $.060 support zone. When the bulls neglect to safeguard the $.060 support zone, there’s a danger of the move for the $.0585 level.
XRP cost is moving lower and buying and selling underneath the $.48 support. When the bears stay in action, the cost may even test the $.45 support soon.
Other altcoins market today
A couple of altcoins are rising, including LUNC, LUNA, USTC, MIOTA, BSV, COMP, ATOM, ZEC, HNT, and QNT. From these, LUNC rallied over 40% and surpassed the $.000320 level.
Overall, bitcoin cost is wanting a brand new move for the $19,500 resistance zone. If BTC clears the $19,500 resistance, it might gain bullish momentum.
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