Bitcoin price surpassed the $48,500 resistance zone. BTC also climbed above the $49,500 level. It could start a fresh increase towards $50K. Similarly, most of the major altcoins are showing positive signs. Leading altcoin Ethereum targets an upside break above the $4,100 resistance, while XRP could revisit the $1.00 resistance. Cardano (ADA) climbed above the $1.30 resistance level.
Cardano (ADA) is up 8% and it made a clear move above $1.30. The price also broke the $1.35 level and it is approaching the $1,365 resistance. Any further gains could lead to a move towards the $1.40 level.
Binance coin (BNB) is struggling to gain momentum above the $535 level. The next major resistance is near the $550 level, above which the bulls might gain strength in the short term. The next big stop for the bulls could be $580.
Solana (SOL) is gaining momentum above the $180 level. The next major resistance for the bulls is near the $188 level. A clear move above $188 could push the price towards the $200 barrier.
DOGE is stuck near the $0.175 level. The next key resistance is near the $0.178 level. An upside break above $0.178 could lead to a test of $0.185.
XRP price is up around 7% and it broke the $00,935 level. The price settled close to the $0.980 resistance before correcting. The next major resistance is near $1.00, above which the price could revisit $1.05.
Many altcoins are up more than 10%, including NEAR, MIOTA, CRV, LUNA, FTM, HNT, ENJ, ATOM, MATIC and HBAR. Apart from these, NEAR is up 23%, surpassing the $10 USD level, bringing its weekly earnings to 7%. At the same time, MIOTA broke the $1.30 level, up 16% in one day and 21% in one week.