Bitcoin value is steady above the USD 54,000 pivot stage. BTC prolonged its rise above USD 55,000 and it spiked above the USD 55,500 stage earlier than a draw back correction. The worth is at the moment (04:45 UTC) buying and selling close to USD 54,800 and it might try a contemporary enhance above USD 55,500.
Moreover, most main altcoins are seemingly gaining tempo. ETH prolonged its rally above USD 2,650 and the value traded to a brand new all-time excessive close to USD 2,710 (per Coingecko). XRP/USD spiked in the direction of the USD 1.45 resistance earlier than dipping beneath USD 1.40.
Complete market capitalization
After a profitable shut above USD 54,000, bitcoin price prolonged its rise. BTC even spiked above the USD 55,500 resistance stage. It’s now correcting decrease and buying and selling close to USD 54,800. A direct assist is close to the USD 54,500 stage. The primary key assist is close to the USD 54,000 stage, beneath which the value may check the USD 53,250 assist.
On the upside, the USD 55,350 and USD 55,500 ranges are preliminary boundaries. A transparent break above USD 55,500 might set the tempo for a transfer in the direction of USD 57,000.
Ethereum price gained tempo above the USD 2,600 stage and it even broke the USD 2,650 zone. ETH traded to a brand new all-time excessive above USD 2,700 earlier than correcting decrease. The worth is now consolidating close to USD 2,650, beneath which it would check the USD 2,600 zone.
On the upside, the bulls may wrestle close to USD 2,700. A profitable shut above USD 2,700 may lead the value in the direction of the USD 2,800 stage.
BNB, ADA, DOGE, and XRP value
Binance Coin (BNB) is buying and selling effectively above the USD 550 pivot stage. BNB even spiked above the USD 575 stage, nevertheless it struggled to clear the USD 580 resistance stage. A transparent push above the USD 580 stage may lead the value in the direction of the principle USD 600 resistance zone.
Cardano (ADA) gained tempo above the USD 1.30 resistance and it traded near the USD 1.35 resistance zone. The worth is now buying and selling close to the USD 1.30 assist zone, beneath which the value might check the USD 1.25 assist stage.
Dogecoin (DOGE) made one other try and clear the USD 0.28 resistance zone, nevertheless it failed to realize tempo. The worth is now buying and selling close to the USD 0.265 assist. The primary assist sits at USD 0.25, the place the bulls may stay lively within the close to time period.
XRP price surged above the USD 1.40 resistance zone, however the bulls did not clear the USD 1.45 stage. The worth is now correcting beneficial properties beneath USD 1.40. If there are extra losses, the value might stay steady close to the USD 1.335 and USD 1.320 ranges.
Different altcoins market at the moment
Many altcoins gained over 10%, together with MATIC, FTM, ANKR, ZIL, VGX, HNT, HOT, CHZ, CFX, AAVE, ZRX, SUSHI, MIOTA, ICX, and MANA. Out of those, MATIC rallied over 35% and it cleared the USD 0.75 stage.
Total, bitcoin value is buying and selling in a optimistic zone above USD 54,000. If BTC clears USD 55,500, it might clear the trail for a transfer in the direction of the USD 58,000 zone.