Bitcoin and Ethereum Reverse Gains, TRX and DCR Rally

cryptonews.com:

Bitcoin price broke the USD 42,500 level, but it failed to surpass USD 43,200. There was a sharp bearish wave and the price is currently (04:05 UTC) trading near USD 40,500. BTC is down almost 3% in a day, trimming its weekly gains to less than 2%.

Similarly, most major altcoins reversed gains. ETH declined below the USD 3,050 support zone. XRP broke the USD 0.75 support to move into a bearish zone. ADA is approaching the USD 0.90 support zone.

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After a move above USD 42,500, bitcoin price faced selling interest. BTC topped near the USD 43,000 level and stayed below the USD 43,200 resistance. There was a sharp bearish wave and the price declined below the USD 41,000 level. The next major support is near USD 39,500, below which the price might gain bearish momentum.

An immediate resistance on the upside is near the USD 41,200 level. The next key resistance could be USD 41,500, above which the price may perhaps start another increase.

Ethereum price was able to surpass the USD 3,150 resistance, but faced sellers near USD 3,180. ETH started a fresh decline below the USD 3,100 level. It even traded below USD 3,050 and is struggling to stay above the USD 3,000 support. ETH dropped over 3% in a day and almost 1% in a week. The next major support is near the USD 2,950 level.

On the upside, the USD 3,050 level might present resistance. The next key resistance might be near the USD 3,120 level. 

Cardano (ADA) failed to clear the USD 0.98 resistance zone. There was a drop below the USD 0.95 level and the price now approaching the main USD 0.90 support zone.

BNB struggled to settle above the USD 425 resistance level. The bears gained strength and pushed the price below the USD 412 level. If they remain in action,