Bitcoin began a calm increase beyond USD 18,000 and USD 18,250. Ethereum obtained 8% and exceeded USD 580; XRP trades over USD 0.600; AAVE, SNX, and KSM are up above 10%.
Bitcoin reached bullish energy after it breached the USD 17,800 and USD 18,000 resistance levels. BTC even rose beyond the USD 18,250 and USD 18,500 levels. Bitcoin is presently (05:00 UTC) compounding gains, with key barriers near USD 18,680 and USD 18,800.
There was a comparable, constant rise in most major altcoins, including Ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, bitcoin cash, and ADA. sETH/USD played well, and it exceeded the USD 565 and USD 580 resistance levels. XRP/USD is also giving positive signs beyond the USD 0.600 and USD 0.612 levels.
Total market capitalization
Bitcoin Price
Bitcoin started a new increase above the USD 17,800 and USD 18,000 resistance levels after creating a support base. BTC even obtained pace and exceeded the USD 18,500 resistance. Direct resistance is near the USD 18,680 level, above which the bulls might attempt a crucial upside break above the USD 18,800 resistance level. The initial weekly resistance sits at USD 19,500. Initial support on the downside is near the USD 18,250 level. The first notable support is near the USD 18,000 level, but the primary weekly support is now forming near the USD 17,450 level.
Ethereum Price
Ethereum remained stable above USD 500 and USD 520. As a result, ETH started a fresh increase above the USD 550 and USD 565 resistance levels. The price even cleared the USD 580 level, and it could soon attempt to surpass USD 600. The primary weekly resistance is near USD 620. If there is a downside correction, the USD 565 level might provide support. The next significant support for ether is seen near the USD 550 level.
Bitcoin Cash, Litecoin, and XRP Price
Bitcoin cash is up 6%, and it is now trading above the USD 280 resistance. BCH is trading just above USD 290, with a critical hurdle near the USD 300 level. A successful break above the USD 300 level could lead the price towards the USD 330 level. On the downside, the USD 280 and USD 265 levels are essential supports. Litecoin (LTC) is gaining bullish momentum, and it is trading well above USD 75.00. The price is up 8%, and it is approaching the USD 80.00 resistance levels. To continue higher, the price must clear the USD 80.00 and USD 80.80 levels. The next key resistance is near the USD 85.50 level. XRP broke the USD 0.598 and USD 0.600 resistance levels to move back into a positive zone. The price is now trading above USD 0.620 and facing hurdles near USD 0.635. The first key resistance is near the USD 0.655 level, above which the bulls might aim a test of the USD 0.700 level. The primary weekly support is now forming near the USD 0.550 level.
Other Alts Market Today
Some altcoins gained over 10%, including AAVE, SNX, KSM, AMPL, SUSHI, YFI, and DCR. Out of these, AAVE rallied almost 20%, and it broke the USD 75.00 resistance.
In summary, Bitcoin is back in a positive territory beyond USD 18,000 and USD 18,250. To remain higher, it must earn strength beyond USD 18,800. If not, there is a chance of a fresh decline to USD 17,450 in the near term.
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