- Bitcoin cost is eyeing an upside break above $19,600.
- Ethereum could surge above $1,350, XRP rallied over 10% and spiked above $.50.
- LEO and MKR are showing bullish signs.
Bitcoin cost continued to be stable the $19,000 level. BTC is presently (11:00 UTC) consolidating and facing resistance near $19,600. A obvious move over the $19,600 and $19,650 resistance levels might begin a strong upward move.
Similarly, most major altcoins are eyeing more upsides. ETH could gain bullish momentum whether it clears $1,350. XRP rallied as well as spiked over the $.50 resistance. ADA is battling to achieve pace over the $.435 level.
Previously couple of sessions, bitcoin cost consolidated over the $19,000 level. BTC even continued to be stable over the $19,200 level and also the 50-hour simple moving average. Around the upside, the bears are active close to the $19,650 zone. A obvious move above $19,650 might begin a steady increase. The following major resistance is near $20,000, above that the cost might aim moving to $20,500.
If there’s no upside break above $19,650, the cost might correct lower. An instantaneous support is close to the $19,400 level and also the 50-hour simple moving average. The following major support is close to the $19,300 zone along with a connecting bullish trend, below that the cost could gain bearish momentum.
Ethereum cost also settled over the $1,300 level. ETH is showing positive signs over the $1,320 level and also the 50-hour simple moving average. However, it’s facing resistance close to the $1,350 level, above that the cost might begin a steady increase. The following major resistance is close to the $1,400 level, above that the cost could go to the $1,450 resistance.
Around the downside, a preliminary support is close to the $1,320 level along with a connecting bullish trend line. The following major support is $1,300, below which cost could drop to $1,255.
ADA, BNB, SOL, DOGE, and XRP cost
Cardano (ADA) continues to be battling close to the $.435 level. An instantaneous resistance is near $.440. The primary resistance is close to the $.45 zone, above that the cost could rise continuously.
BNB is eyeing more gains over the $285 level. An instantaneous hurdle is close to the $288 level, above that the cost could rise towards $295 or perhaps $300.
Solana (SOL) is approaching the $34.50 level. The very first major resistance is near $35, above that the cost might gain momentum. Within the mentioned situation, the cost might rise to $36.50.
DOGE is gradually moving greater over the $.0600 level. The very first hurdle is close to the $.062 level, above that the cost might rise to $.0632. Anymore gains may lead the cost towards $.065.
XRP cost began a powerful rally over the $.45 resistance. The cost even spiked over the $.50 level and it is presently consolidating gains. The primary support now sits at $.455.
Other altcoins market today
Many altcoins are gradually moving greater, including LEO, MKR, XLM, QNT, EGLD, FLOW, UNI, LUNC, ALGO, MATIC, and OKB. From these, MKR rallied over 8% and broke the $770 level.
To summarize, bitcoin cost is consolidating close to the $19,200 zone. To begin a powerful rally, BTC must obvious the $19,650 and $20,000 resistance levels.
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