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Bitcoin and Ethereum Consolidate Below Hurdles, ADA Surges
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Bitcoin price settled above the USD 50,000 level. BTC is currently (11:51 UTC) facing a strong resistance near the USD 51,200 and USD 51,500 levels. A close above USD 51,500 is needed for a sustained upward move.
Similarly, most major altcoins are trading below hurdles. ETH is stuck below the USD 4,120 and USD 4,150 resistance levels. XRP could correct even more if it breaks the USD 0.90 support. ADA surged almost 10% and surpassed the USD 1.50 resistance.
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After a close above USD 50,000, bitcoin price started consolidation. BTC is showing a few positive signs, with an immediate resistance near the USD 51,200 level. The next resistance is near the USD 51,500 zone. A proper close above USD 51,500 could open the doors
Read more on cryptonews.comAbout this in other media
Bitcoin and Ethereum Take Another Step Higher, FTM and ROSE Rally cryptonews.com /2 years ago
Bitcoin and Ethereum Recovery Stalls Near Key Hurdles cryptonews.com /2 years ago
Bitcoin and Ethereum Inch Higher, NEAR Rallies cryptonews.com /2 years ago
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