Bitcoin price started a steady increase and climbed above USD 40,000. BTC is currently (11:47 UTC) consolidating gains near USD 40,500 and is up 4% in a day and down less than 1% in a week. A clear move above USD 40,700 might set the pace for a fresh increase.

Similarly, most major altcoins are consolidating gains. ETH is trading in a range near the USD 3,000 level and is up more than 5% in a day and down 2% in a week. XRP could start a steady increase if it settles above USD 0.70. ADA is eyeing an upside break above the USD 0.90 resistance zone.

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After a clear move above USD 40,000, bitcoin price extended increase. BTC even climbed above USD 40,500, but faced sellers near USD 40,750. It is now consolidating gains, with a key hurdle near USD 40,700. The next major resistance on the upside might be USD 41,200, above which the price may perhaps start a fresh increase.

If there is a bearish reaction, the price might trade below the USD 40,000 level. The next major support is near USD 39,500, where the bulls might take a stand.

Ethereum price also gained pace above the USD 2,950 resistance. ETH even climbed above the USD 3,000 pivot level and is currently consolidating gains. An immediate resistance is near USD 3,020, followed by USD 3,030. The next major resistance is near the USD 3,080 level.

If there is a downside correction, the price might find support near the USD 2,975 level. The next major support is near the USD 2,950 level, below which the price could test USD 2,880.

Cardano (ADA) is up almost 4.5% and is trading near the USD 0.88 resistance. The main barrier is near the USD 0.90 level. A close above USD 0.90 could set the pace for a larger increase.

BNB is consolidating gains near the USD 400