Bitcoin at Ethereum Correct Gains, MANA and AVAX Rally
Bitcoin price climbed above the USD 44,200 resistance zone, even spiked above USD 44,500, but it failed to continue higher. It is currently (04:05 UTC) correcting gains near USD 44,000 and might find bids near USD 43,500.
Meanwhile, most major altcoins are showing similar signs. ETH was able to extend its increase above the USD 3,150 resistance zone before correcting lower. XRP briefly spiked above the key USD 0.850 resistance zone. ADA is stuck below the USD 1.12 resistance level.
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After a move above USD 44,000, bitcoin price was able to clear the USD 44,500 level. However, BTC struggled to rise further to USD 45,000. It faced sellers and recently corrected lower towards the USD 44,000 level. On the downside, an immediate support is near the USD 43,500 level. The next key support is near the USD 43,200 level, below which the price might dive to USD 42,200.
On the upside, an initial resistance is near USD 44,400. The next resistance is near the USD 44,500 level, above which the price might test USD 45,000.
Ethereum price remained elevated above the USD 3,000 pivot level. ETH broke the USD 3,150 resistance level before correcting towards USD 3,140 again. If it moves higher again, the next resistance could be near the USD 3,200 zone.
If there is a downside correction, the price might find support near USD 3,120. The next major support is near USD 3,050, below which the price could test USD 3,000.
Cardano (ADA) extended its increase above the USD 1.08 resistance zone. It even spiked above USD 1.10 but failed to clear the USD 1.12 resistance zone. On the downside, the USD 1.05 level is a decent support.
BNB climbed above the USD 425 and USD 432 resistance levels. It even spiked above the USD 440 level,
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