- Bitcoin cost dived underneath the USD 22,000 support level.
- Ethereum tested the USD 1,550 support zone, XRP is stable above USD .335.
- BNB expires 5%, and EOS is gaining bullish momentum.
Bitcoin cost faster lower underneath the USD 23,200 support. BTC traded underneath the USD 22,000 support zone and tested USD 21,000. It’s presently (04:00 UTC) consolidating losses and facing many hurdles near USD 22,000.
Similarly, most major altcoins have returned inside a bearish zone. ETH dived underneath the USD 1,750 and USD 1,650 support levels. XRP tested the USD .335 support zone. ADA is consolidating over the USD .45 support.
Total market capital
Bitcoin cost
Following a sharp decline underneath the USD 22,500 support, the bitcoin cost moved right into a bearish zone. BTC traded underneath the USD 22,000 and USD 21,500 support levels. It tested the USD 21,000 zone and it is presently correcting losses. Around the upside, the cost is facing resistance close to the USD 21,650 level. The following resistance is close to the USD 22,000 level. The primary weekly resistance has become near USD 23,000, above that the cost might begin a fresh increase.
An instantaneous support is close to the USD 21,200 level. The following major support is close to the USD 21,000 zone, below that the cost could resume its downtrend.
Ethereum cost
Ethereum cost also acquired bearish momentum underneath the USD 1,750 level. ETH even traded underneath the USD 1,600 support and tested USD 1,550. It’s correcting losses and buying and selling above USD 1,600. Around the upside, the cost could face resistance close to the USD 1,650 level. The following key resistance is close to the USD 1,720 level, above that the cost could rise continuously.
Around the downside, initial support is near USD 1,580. The following major support is USD 1,550, below that the cost could dive towards USD 1,500.
ADA, BNB, SOL, DOGE, and XRP cost
Cardano (ADA) acquired bearish momentum underneath the USD .50 support zone. The cost tested the USD .45 support zone and began a consolidation phase.
BNB continued to be well bid over the USD 275 support zone. It retrieved and acquired over 5%. The cost has become buying and selling near USD 300, by having an immediate resistance at USD 305.
Solana (SOL) spiked underneath the USD 35 support zone. It’s now correcting losses and testing USD 36.50. The very first resistance is near USD 37.20, above that the cost might rise continuously.
DOGE settled underneath the USD .070 support zone. To begin a brand new increase, the cost must recover above USD .0700 and USD .072. Otherwise, it might drop for the USD .065 support.
XRP cost traded underneath the USD .35 support and tested USD .335. It’s now consolidating and can chance a fresh increase over the USD .35 resistance zone.
Other altcoins market today
A couple of altcoins are correcting losses, including Us dot, SHIB, MATIC, UNI, FTT, BCH, VET, APE, EOS, QNT, EGLD, and AAVE. From these, EOS expires over 8% and buying and selling over the USD 1.55 level.
Overall, the bitcoin cost is showing bearish signs underneath the USD 22,000 level. When the bears stay in action, there might be a drop for the USD 20,000 level.
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