Bitcoin price recovered losses and climbed above the $46,000 level. BTC also surpassed the $46,500 resistance zone. BTC price has increased by more than 1% in one day. ETH is facing resistance near $3,550. XRP, on the other hand, could correct to the downside if it stays below the $0.835 level.
Bitcoin price continued to rise after a close above $46,000. BTC climbed above the $46,500 level, but it is facing a major resistance near the $47,000 level. The next key resistance is near the $47,500 level. A clear move above the $47,500 level could start a strong rise towards $48,800 or $49,200. Otherwise, there is a risk of a fresh decline below the $46,000 support. The next major support is near $45,500, below which the price could revisit the $45,000 support.
Ethereum price is consolidating near the $3,500 level and is up 1% in a single day. The closest resistance is near the $3,550 level. The next key resistance could be near the $3,580 level, above which the price could gain bullish momentum in the short term. On the downside, the closest support is near the $3,480 level. The next major support is near the $3,450 level. If there is a downside break below $3,450, the bulls may struggle to maintain the $3,400 level.
Cardano (ADA) is stuck near the $1.20 pivot level. On the upside, an initial resistance is near the $1.22 level. The next stop could be $1,245. Binance Coin (BNB) is consolidating gains near the $455 level. If the bulls remain active, the price could rise towards the $465 level. The next major resistance could be near the $480 level. Solana (SOL) is trading in a band near the $132 support. If it stays above the $130 level, the bulls may attempt a fresh increase. In this case, the price could rally towards the $140 level. DOGE is struggling to gain momentum above the $0.150 resistance, but it is still down 1% in a day. However, it looks like the price could test $0.154 soon. Any further gains could propel DOGE higher towards $0.162. XRP price is still trading near the $0.82 support. In case of a downside, bulls could emerge near $0.805. On the upside, the $0.85 level is a major resistance.
Several altcoins were up more than 5%, including NEAR, XMR, RUNE, LUNA, APE, CELO, and MINA. Apart from these, LUNA is up more than 5%, approaching the $120 level, bringing its weekly earnings to 21%.