Bitcoin and Ethereum Struggle Near Key Hurdles, XRP Failed the Latest Climb Attempt

cryptonews.com:

Bitcoin price had started a recovery wave above the USD 20,000 resistance zone, before dropping below it. BTC even attempted a break above the USD 20,500 resistance but failed. It is currently (11:27 UTC) moving lower and might revisit USD 19,500.

Similarly, most major altcoins struggled to clear key hurdles. ETH topped near the USD 1,120 resistance. XRP failed to climb above the USD 0.335 resistance. ADA is consolidating near the USD 0.420 level.

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After a close above the USD 19,500 level, bitcoin price extended its upsides. BTC climbed above the USD 20,000 resistance level. It even moved above the USD 20,200 level, but there was no upside break. The price failed to move above USD 20,500 and started a downside correction. It is back below USD 20,000. On the downside, initial support is near the USD 19,500 level. The next major support is near the USD 19,200 zone, below which the price could resume its decline.

On the upside, the price is facing resistance near USD 20,200. The next major resistance could be USD 20,500, above which the price might start an increase.

Ethereum price also followed a similar pattern above the USD 1,050 and USD 1,080 resistance levels. It even broke the USD 1,100 level but struggled near USD 1,120. On the downside, the price might find support near USD 1,050. The next major support is near USD 1,020, below which the price could visit the USD 1,000 support zone.

On the upside, the bears might be active near USD 1,100. The next major resistance sits at USD 1,120, above which the price could aim for a test of USD 1,150.

Cardano (ADA) failed to start an increase above the USD 0.435 level. It is now consolidating near the USD 0.42 level, below which the price might test the USD