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Bitcoin and Ethereum Move Higher, BNB Rallies
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Bitcoin price started a steady recovery wave from the USD 55,500 support level. BTC broke the USD 57,500 and USD 58,000 resistance levels. It is currently (11:54 UTC) rising and there are chances of further gains above USD 58,500.
Besides, most major altcoins are also moving higher. ETH broke the USD 4,320 and USD 4,350 resistance levels. XRP reached USD 1.05, while ADA is still well below the USD 1.80 resistance zone.
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After forming a support base, bitcoin price moved above the USD 57,500 level. BTC broke the USD 58,000 resistance level and might possibly test the USD 58,500 resistance level. A clear break above USD 58,500 could spark a steady increase. The next major resistance is near USD 60,000, above which the
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