Bitcoin price has continued to fall below the USD 35,000 and USD 33,200 support levels. BTC fell under USD 32,000, testing the USD 31,150 level. It has since corrected higher and is now selling just above USD 33,200. The price has also risen past USD 35,000, but there are still many obstacles to overcome.
Around the USD 36,500 mark, there is some initial resistance. The first big resistance is near USD 38,000, beyond which the price can test the key weekly barrier at USD 40,000.
Ethereum has stabilized over USD 1,000 and is now selling above the USD 2,800 resistance level. The USD 2,980 and USD 3,000 points are now big resistance levels for ETH. If a positive finish above USD 3,000 is achieved, the price can move higher in the short future.
The price may correct gains if there is no break above USD 3,000. The first key assistance is currently around USD 2,650.
Value of BNB, LTC, DOGE, and XRP
Binance Coin has plummeted below the USD 300 mark. Binance coin also checked the USD 215 support after breaking through the USD 250 support.
The price of Litecoin has dropped below the USD 200 support level. Litecoin also checked the USD 120 level after breaking through the USD 150 level.
Dogecoin has continued to fall below USD 0.320 and USD 0.300. It has now recovered losses after testing the USD 0.250 support region. Just next to the USD 0.320 mark, there is instant resistance.
XRP has dropped significantly well below USD 1.00 and USD 0.880 support levels. The price also fell below USD 0.75, testing the USD 0.650 mark.
HNT, STX, is among the altcoins that have earned more than 5%. MATIC has increased by more than 20%. NEXO, LUNA, and a few others, on the other hand, are down more than 20%.
Bitcoin's value is currently fighting to remain above the USD 38,000 and USD 40,000 resistance levels. Bitcoin can measure the USD 30,000 point in the following sessions if a new downturn occurs.
