Bitcoin price was able to clear the USD 48,500 resistance zone. BTC even spiked above the USD 49,500 level. It is currently (12:13 PM UTC) consolidating gains and it could start a fresh increase towards USD 50,000.
Similarly, most major altcoins are showing positive signs. ETH is eyeing an upside break above the USD 4,100 resistance. XRP still could revisit the USD 1.00 resistance. ADA rallied above the USD 1.30 resistance level.
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After a close above USD 48,500, bitcoin price extended increase. BTC cleared the USD 49,200 level and even spiked above USD 49,500. It is currently consolidating gains near USD 49,200 and it could aim for a fresh increase above the USD 49,500 level. The next resistance is near the USD
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