Bitcoin and Ethereum Consolidate Losses, ALGO Inches Higher
Bitcoin price tested the USD 46,000 zone before it found a support zone. BTC started a recovery wave above USD 47,000. It is currently (14:07 UTC) facing a lot of hurdles below USD 48,000.
Similarly, most major altcoins are also facing resistance. ETH is facing an uphill task near USD 3,780 and USD 3,800. XRP is attempting a recovery wave above the USD 0.85 resistance. ADA dived to USD 1.30 before it recovered above USD 1.35.
Total market capitalization
After a move towards USD 46,000, bitcoin price started a recovery wave. BTC climbed above the USD 47,000 and USD 47,200 levels. On the upside, the price might face resistance near the USD 48,000 level. The next key resistance is now forming near the USD 48,500 level, above which the price might
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