The Bitcoin price fell above the $ 20,500 pivot level and managed to break above the $ 21,000 level. It is currently trading (04:09 UTC) near USD 21,300 and is almost unchanged in one day and up 2% in one week.
Likewise, most major altcoins show positive signs. ETH gained ground and even broke above the $ 1,400 level. XRP is aiming for an increase in resistance of $ 0.40. The ADA is consolidating above the $ 0.45 resistance zone.
After forming a base above $ 20,500, the price of bitcoin began to rise steadily. It now shows positive signs near $ 21,300, with an immediate obstacle near the $ 21,500 level. See the article: The WeWay project is based on Web 3.0. Is it worth investing in the future?. The next big resistance could be $ 22,000, above which the price could take some bullish momentum.
On the downside, initial support can be found close to the $ 20,800 level. The next big support is close to the $ 20,500 range, below which the price could re-enter $ 20,000.
The Ethereum price outperformed bitcoin with a strong pull over the $ 1,250 resistance. ETH even exceeded $ 1400 and has now risen almost 4% in one day and 20% in one week. Also read: Nekovverse, Solana’s game project, presents the first introductory community contribution ever.. The next big resistance is found at $ 1,480, above which the price could test $ 1,500.
On the downside, the price may find support near $ 1,350. The next major support is close to $ 1,320, below which the price may visit the $ 1,250 support zone.
ADA, BNB, SOL, DOGE and XRP price
Cardano (ADA) managed to overcome the $ 0.45 resistance. It now faces resistance near the $ 0.48 level. See the article: Community responds to Vitalik Buterin’s concern over ETH platform. A clear upside break above the $ 0.48 resistance could trigger a major upside.
BNB managed to break through the $ 245 resistance and broke over the $ 250 resistance zone. The next big resistance is seen near the $ 265 level.
Solana (SOL) won terrain above the USD 38 level. It even broke through the $ 40 barrier and shows positive signs. The next key resistance is seen near the $ 42 level.
DOGE shows positive signs above the support level of USD 0.062. It seems to be having a hard time approaching the $ 0.065 resistance zone, above which the bulls could push the price towards $ 0.0700.
The price of the XRP was able to break through the resistance of $ 0.35. It is now consolidating its gains and facing intermediate resistance near the $ 0.388 against the $ 0.40 level.
Other altcoins on the market today
Many altcoins are also on the rise, including DOT, MATIC, AVAX, LEO, UNI, LTC, FTT, NEAR, ATOM, BCH, ICP and APE. Of these, MATIC achieved 8% and tested the $ 0.80 level and became the best performer among the 25 best cryptocurrencies by market value. It has also risen 40% in one week. Meanwhile, ETC is the best performer among the 100 best coins today – it jumped 17% in one day, 42% in a week and topped $ 21.
Overall, the bitcoin price is moving higher above the $ 21,200 level. BTC can gain momentum if there is a clear pull over the $ 21,500 resistance zone.
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