Bitcoin price gained bullish momentum after a clear break above USD 30,500 and even cleared USD 32,000. It is currently (04:08 UTC) consolidating gains near USD 31,800 and is up almost 5% in a day and 9% in a week.

Similarly, most major altcoins gained bullish momentum. ETH broke the USD 1,920 resistance and tested USD 2,000. XRP gained pace above the USD 0.40 resistance. ADA rallied almost 14% and surpassed the USD 0.55 resistance.

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After a close above USD 30,500, bitcoin price started a fresh increase. BTC even spiked above USD 31,800 before the bears emerged. The price is now consolidating gains and trading near USD 31,800. The next key resistance is near USD 32,500. A clear move above the USD 32,500 level might push the price further towards the USD 33,200 level.

On the downside, an immediate support at USD 31,200. The next major support is now forming near the USD 30,500 zone, below which the price could even struggle to stay above USD 30,000.

Ethereum price gained over 6% and there was a clear move above the USD 1,920 resistance. ETH spiked above USD 2,000 and erased all its weekly losses. The next major resistance is near USD 2,050, above which the price could test the main USD 2,085 resistance zone.

If there is a downside correction, the price might find bids near USD 1,920. The next major support is near the USD 1,850 level.

Cardano (ADA) extended its rally above the USD 0.52 resistance. The price even broke the USD 0.55 resistance and climbed almost 14% in a day and a week. The next major resistance for the bulls may perhaps be USD 0.60.

BNB is moving higher above the USD 320 level. An immediate resistance is near the USD 325 level. A clear move above the USD 325 level could send the price