Bitcoin Nears USD 43K, Ethereum Still Above USD 3K, DOGE and SHIB Surge
Bitcoin price started a strong increase and cleared the USD 40,000 resistance. BTC even surpassed the USD 42,000 resistance. It is currently (04:21 UTC) showing positive signs and is trading above USD 42,800 after increasing 3% in a day and 13% in a week.
Similarly, most major altcoins are rising steadily. ETH was able to settle above the USD 3,000 resistance level. XRP climbed above the USD 0.70 resistance level. ADA is trading above the USD 0.150 pivot level.
Total market capitalization
After forming a base, bitcoin price was able to climb above the USD 40,000 resistance. BTC bulls took control and pushed the price above USD 41,500. The price even spiked above USD 42,500. The next major resistance is near the USD 43,000 level, above which the price could accelerate higher towards the USD 44,500 level.
On the downside, an immediate support is near the USD 42,000 level. The main weekly support is now forming near the USD 40,000 level, below which the price could start another decline.
Ethereum price followed a bullish path above the USD 2,880 resistance level. ETH climbed above the USD 3,000 barrier and accelerated higher, increasing 2% in a day and almost 18% in a week. It is now facing resistance near the USD 3,080 level. The next key resistance is near USD 3,120, above which the bulls might move towards the USD 3,350 level.
An initial support is near the USD 3,000 level. The next major support is near USD 2,880, under which the price may perhaps drop to USD 2,600.
Cardano (ADA) was able to surpass the key USD 1.150 resistance zone. It seems like the price could even rise to USD 1.188. Any more gains might send the price towards the USD 1.20 resistance zone.
Binance coin (BNB) surpassed the main USD 400 resistance level. It is
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