Bitcoin News
Following a brief downturn, bitcoin's price began to grow again above the pivot stage of $55,500. BTC has broken through the $56,000 target rate and is now trading in the green. The price encountered resistance near $58,000 and has since corrected lower. It traded below $57,000, but near $56,200 and $56,000, it can find strong buying interest.
On the contrary, the $57,500 level serves as initial resistance. The primary resistance level is about $58,000, above which the price could rise to $60,000.
Ethereum News
The price of Ethereum has revived an upward rise, breaking through the $3,450 resistance mark. ETH also broke through $3,500 and traded around $ 3,550, a new all-time high. Even if it is presently repairing losses, the bulls could be active near $ 3,400. It could break through the $3,500 resistance if the price goes up again. The next major obstacle is situated at $3,550.
Other Altcoin News
News on the Price of BNB, LTC, DOGE, and XRP
1. Binance Coin
BNB is consolidating below resistance levels of $645 and $650. BNB could see a recovery in the short term if it settles above $650.
2. Litecoin
LTC gained bullish momentum. LTC also scaled above $350, testing the $365 level. The price is currently leveraging below $350, with the possibility of a test of the $330 support.
3. Dogecoin
As of yesterday, the DOGE spiked up by more than 50%, trading around
$ 0.70. It's currently consolidating gains near $ 0.64 and $0.65. If there are no more drawbacks, it can test the $0.60 support region.
4. Ripple
The price of XRP has risen above the $1.50 mark, indicating a bullish trend. It increased by over 15% and even broke through the USD 1.70 mark.
