Bitcoin's price began to rise again after a downward adjustment. After regaining its footing between $55,500 and $56,500 resistance levels, the price increased and can test $58,500 next. Bears are also facing major resistance between the $59,500 and $60,000 marks. A strong close over $60,000 in the future sessions could set the tone for a major increase.
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With no upside break occurring above $58,500, the price could begin to fall again. A key trend line is $57,200, under which the value can drop to $56,500.
The price of Ethereum stayed high above $3,750 and began a new surge. ETH shot through the $4,000 barrier and also went past $4,200. It traded above $4,300, a new all-time high, and it may go further-reaching $4,400. The $4,250 level is brief support on the downside. Just next to the $4,200 mark, the first main support is emerging.
Get market insights into BNB, LTC, DOGE, and XRP prices.
BNB has increased by 6% and is now selling at $670. BNB appears to be on the verge of breaking through the $700 resistance.
Just above $365 and $380 resistance thresholds, LTC has begun a new surge. LTC is closing in on the crucial $400 mark.
DOGE keeps up with stock prices and is currently trading below $0.500.
The price of XRP has been slowly recovering, and it has also risen above the key $1.50 resistance. It has gained over 10% and is now approaching the $1.55 resistance level.
Several Altcoins have surged today by over 15%, but EOS, YFI, and MATIC outperformed them by gaining more than 40%.
The price of BTC is gradually increasing towards the $58,500 and $59,500 support ranges. There might be a significant bullish response if BTC declines any further.
