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Bitcoin and Ethereum Consolidate, Altcoins Eye Upside Break
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Bitcoin price settled above the USD 62,000 level. However, BTC is struggling to gain pace above USD 63,000 and USD 63,200. It is currently (11:55 UTC) trading in a positive zone, but a close above USD 63,000 is important for more upsides.
Besides, most major altcoins are eyeing upside break. ETH could rally if there is a clear break above USD 4,250. XRP could aim for a clear break above the USD 1.15 resistance. ADA might gain momentum if it settles above USD 2.20.
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After a close above USD 62,000, bitcoin price attempted an upside break above USD 63,000. BTC seems to be facing a major hurdle near USD 63,000 and USDS 63,200. A close above USD 63,200 may possibly open the doors for a steady increase in the near term.
Read more on cryptonews.comAbout this in other media
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Apple CEO Owns Bitcoin Or Ethereum, Austrian Crypto Tax + More News cryptonews.com /3 years ago
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