Bitcoin Nears USD 50K, Ethereum Moves Higher, XRP and LUNA Rally
Bitcoin price gained pace for a move above the USD 48,500 resistance zone. BTC even cleared the USD 49,200 zone and moved above USD 49,800 before correcting lower. It is currently (04:40 UTC) trading near USD 49,400 and it seems like the price could test USD 50,000 once again.
Similarly, most major altcoins are also gaining pace. ETH is consolidating above USD 4,000 after testing USD 4,100 and it might clear USD 4,120. XRP rallied 8% and there was a clear move above USD 0.92. ADA is testing the USD 1.30 resistance zone.
Total market capitalization
After a clear move above USD 47,500, bitcoin price was able to gain strength. BTC cleared the USD 48,500 and USD 49,200 resistance levels. The next resistance is near the USD 50,000 zone, above which
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