Bitcoin (BTC) price showing positive signs broke the $39,500 resistance level. If Bitcoin (BTC) stays on the move, the price could rally towards the $40,000 resistance zone. Similarly, most of the major altcoins are attempting a new rise. Ethereum (ETH) broke the $2,900 and $2,920 resistance levels. Ripple (XRP) is consolidating losses near the $0.65 zone. Cardano (ADA) needs to gain momentum above $0.865 to start a steady increase.
Cardano (ADA) is struggling to settle above the $0.85 level. The next key resistance is near the $0.865 level, above which the price could start a steady increase. Binance Coin (BNB) strengthened above the $395 resistance. The price also broke the $400 level, paving the way for more gains. The next major resistance on the upside is near the $412 level.
Ethereum rival Solana (SOL) is consolidating near the $100 level. A key hurdle is forming around $102 and $105. A clear move above $105 could start a steady rise in the short term. The famous meme coin Dogecoin (DOGE), on the other hand, dropped below the $0.140 support before recovering. The next major support is near $0.135, below which the price could test $0.135. The $0.142 level could form resistance.
Ripple (XRP) price is stuck near the $0.65 level. To enter the positive zone, the price must settle above the $0.665 level. The next major resistance on the upside could be $0.70.
Along with Terra's native token LUNA, several altcoins are gaining momentum, including Litecoin (LTC), ApeCoin (APE), FTT, Stepn (GMT), AAVE, CAKE, The Graph (GRT), CVX, KAVA, and SCRT. Apart from these, GMT increased by about 22% and broke the $4 level, outperforming the top 100 cryptocurrencies by market cap today. GRT rose 13% and exceeded $3.40.