Bitcoin and Ethereum Consolidate, DOGE and STX Rally

Cryptocurrencies(BTC, ETH, DOGE, STX)

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Categories: Cryptocurrency

Bitcoin price remained supported above the USD 20,500 area and BTC was able to climb above the USD 21,200 level but remained below the USD 22,000 area. It is currently (04:05 UTC) consolidating near $21,200 and is up more than 1% in a day and 3% in a week. After a clear move above the $21,200 level, bitcoin price was able to continue higher and climb above the $21,800 level, but there was no test above the $22,000 level.The price corrected gains and traded below $21,500. It is now facing resistance near the $21,500 area. The next major resistance is now near the $21,800 level. There is likely to be a strong rise above the $21,800 and USD 22,000 levels.

Ethereum price

Ethereum price also started an upward move above the USD 1,150 resistance. ETH was able to surpass USD 1,250 before it faced sellers near the USD 1,280 zone. The price is now hovering near USD 1,220 and is down over 1% in a day and up 8% in a week. The next major resistance is near USD 1,300, above which ETH could rise towards the USD 1,350 level.

ADA, BNB, SOL, DOGE, and XRP price

Cardano (ADA) was able to surpass the $0.50 resistance area. However, the upside was limited and the price corrected and is now trading higher near the USD 0.50 level. If there are more losses, the price could test the USD 0.465.

BNB extended gains above the $242 level but failed near the $245 level. It is now consolidating near USD 237 and remains unchanged for a day.

Solana (SOL) again declined below $40 before returning to this level. The next major support is near the USD 38 level, below which there is a risk of a move towards the USD 35 level.

DOGE moved above the $0.0650 resistance area. The price is trading higher above the 10% level and trading above the USD 0.072 level. The next major resistance is near the USD 0.0775 level. A clear move above the USD 0.0775 level could send the price towards the USD 0.082 level. DOGE is also up 24% in one week.

XRP price closed above the $0.35 resistance level. It is now facing resistance near the USD 0.375 level, above which it could move up to the USD 0.40 level.

Bitcoin Price, Ethereum Price, Cardano Price, Solana Price, BNB Price, XRP Price, STX Rally, DOGE Price

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