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Bitcoin Above USD 58K, Ethereum and Altcoins Gain Momentum
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Bitcoin price formed a base above the USD 55,000 level. BTC started a fresh increase and cleared the USD 57,500 resistance. It is currently (04:25 UTC) trading above USD 58,000 and it could continue to gain pace in the near term.
Besides, most major altcoins are also gaining pace. ETH is up almost 4% and it cleared the USD 3,600 resistance zone. XRP is also rising, but it is still well below the USD 1.20 resistance. ADA is aiming an upside break above the USD 2.20 resistance.
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After a fresh increase above USD 56,500, bitcoin price gained bullish momentum. BTC broke the USD 57,200 and USD 57,500 resistance levels. It is now trading above the USD 58,000 level and is showing positive signs. On the upside, an initial
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