Bitcoin Tests USD 24K, Ethereum Above USD 1.7K, ETC Keeps Pumping

cryptonews.com:

Bitcoin price remained strong above the USD 22,500 level and started another increase, surpassing the USD 23,500 resistance. It even spiked above USD 24,000 and is currently (03:54 UTC) trading near USD 23,900. BTC is up over 3% in a day and a week.

Similarly, most major altcoins are also showing signs of more upsides. ETH even spiked above the USD 1,750 level. XRP is rising towards the USD 0.388 resistance zone. ADA might attempt a move towards the USD 0.55 resistance.

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After a minor downside correction, bitcoin price found support and remained stable above USD 22,500. A fresh base was formed and the price started an increase above USD 23,000. BTC even spiked above USD 24,000 before the bears emerged. An immediate hurdle is now at USD 24,000 again. The next major resistance could be USD 24,250, above which the price could trade to a new monthly high.

On the downside, an initial support is near the USD 23,500 level. The next major support is near the USD 23,200 zone, below which the price might revisit USD 22,500.

Ethereum price outperformed bitcoin with a strong move above the USD 1,680 resistance zone. ETH gained almost 5% and there was a move above the USD 1,700 resistance zone. The price even rallied to USD 1,780 before it faced sellers. It is now correcting lower and trading near USD 1,725. ETH is also up over 9% in a week. On the downside, an initial support is near the USD 1,700 level. The next major support is near the USD 1,670 zone, below which the price might drop to USD 1,620.

On the upside, the price might struggle near USD 1,750. The next key resistance is near the USD 1,780 level, above which the price might rise to USD 1,850.

Cardano (ADA) remained stable near the USD 0.50 zone. It is