Bitcoin Tests USD 45K Again, Ethereum Gains Bullish Momentum, Altcoins in Green Too
Bitcoin price remained well bid above the USD 43,000 level. BTC started a fresh increase and traded above the USD 44,000 level. It is currently (11:52 UTC) gaining pace and is trading around USD 45,000.
Similarly, most major altcoins are gaining bullish momentum. ETH is back above USD 3,200 and might rally to USD 3,320. XRP is attempting an upside break above USD 0.90. ADA could gain pace if it settles above USD 1.20.
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After finding bids near USD 43,000, bitcoin price started a fresh increase. BTC gained pace and surpassed the USD 44,000 resistance and moved above USD 45,200 before correcting lower. The next major resistance is near the USD 45,500 level, above which the price could surge to USD 47,000.
On the downside, an immediate support is near the USD 44,200 level. The next key support is near the USD 44,000 level, below which the price might start a fresh downside correction.
Ethereum price remained supported near the USD 3,050 level. ETH started a fresh increase and climbed above USD 3,200. It even surpassed USD 3,250 and might surge to USD 3,320. The next key resistance could be near the USD 3,350 zone.
On the downside, an initial support is near the USD 3,200 level. The next major support is near USD 3,120, below which the price could retest USD 3,050.
Cardano (ADA) is moving higher and trading above the USD 1.20 level. A proper close above this level might push the price towards USD 1.25. Any more gains may possibly call for a test of the USD 1.30 level.
Binance coin (BNB) is back above the USD 420 level. It even broke the USD 425 level and is moving higher towards USD 432. If the bulls remain in action, the price might surge towards the USD 445 and USD 450 levels.
Solana (SOL) managed to
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