- Bitcoin continued in the bullish territory over USD 13,500 and USD 13,650.
- Ethereum gained beyond USD 395 and tested USD 400; XRP fought to clear the USD 0.242 resistance.
- OCEAN and AAVE are up above 10%.
After a short-term downside improvement, bitcoin reacquired intensity beyond the USD 13,500 resistance. BTC is at present (05:00 UTC) trading well above USD 13,650, and it might continue higher above USD 13,800 and USD 13,850. The main hurdle for more upsides is near the USD 14,000 level.
Furthermore, there was an improvement roll in most notable altcoins, including ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, bitcoin cash, and ADA. ETH/USD is recovering higher, and it could even settle above the USD 400 resistance. XRP/USD is trading above USD 0.240, but it strives to gain momentum above USD 0.242.
Total market capitalization
After surging beyond the USD 14,000 level, bitcoin adjusted lower. Nevertheless, BTC persisted well bid above the USD 13,500 and USD 13,650 levels. BTC is trading with a positive angle, with an urgent resistance near the USD 13,800 level. The next pivotal resistance is near the USD 13,850 level, above which the price could quicken higher towards the USD 14,000 level.
On the downside, the USD 13,650 level is initial support. The primary weekly support is forming near the USD 13,500 level, below which it could decline towards USD 13,200 or even USD 13,000.
Ethereum value found support near the USD 372 level, and it began a new upward move. ETH broke the USD 385 resistance level and even traded above USD 395. The price is now struggling to gain pace above USD 400. To continue higher, the price must settle above USD 400 and USD 405.
If there is a snag improvement, the USD 392 level is an initial support. The main weekly supports are seen near the USD 380 and USD 372 levels.
Bitcoin Cash, Chainlink, and XRP Price
Bitcoin’s cash price is climbing again, and it is trading well above the USD 260 and USD 262 levels. BCH reveals positive signs near USD 260, but it might face hurdles near the USD 270 level. A successful close above the USD 270 level could open the doors for a push towards the USD 280 and USD 285 levels.
Chainlink (LINK) began a strong recovery wave from the USD 10.80 support zone. The price is back above USD 11.20, and it is trading above the USD 11.50 level. The first notable resistance is near the USD 11.80 level, above which the bulls could attempt a clear break above the USD 12.00 hurdle.
XRP price obtained support near USD 0.235 and recovered back above the USD 0.240 level. The price is now fighting near the USD 0.242 level, but the primary weekly resistance is near USD 0.245. A successful break above USD 0.245 is needed for a push above USD 0.250 and USD 0.252.
Other Altcoins Market Today
A few altcoins increased over 5% in the past few hours, including OCEAN, AMPL, AAVE, OMG, COMP, ZRX, YFI, NEO, ADA, RSR, UNI, ALGO, and KSM. Out of these, OCEAN rallied over 15%, and it broke the USD 0.500 resistance zone.
Bitcoin price is trading in an uptrend above the USD 13,650 and USD 13,500 support levels. If BTC obtains strength above USD 13,850, it could climb above USD 14,000 and USD 14,200.