Bitcoin price were at a stable point above the USD 38,000 support zone. BTC started a fresh increase and broke the USD 39,000 and USD 40,000 resistance levels. The price is now at a fluctuations between USD 40,000 and USD 41,000.
Similarly, most of the major altcoins are also trying to extend gains. ETH outperformed bitcoin and it broke the USD 2,800 resistance zone.
Bitcoin price
BTC was able to rise at a steady rate above the USD 39,000 and USD 40,000 resistance levels. It even broke the USD 41,000 level before correcting lower and moving towards USD 40,000 again. However, it rose back to USD 41,000. On the downside, the USD 39,200 level is a key support. The first major support is near USD 39,000, below which the price might retest the USD 38,000 support zone.
Ethereum price
Ethereum price remained in a bullish area and broke the USD 2,750 resistance level. ETH even cleared USD 2,800 and was also correcting gains, before moving back to USD 2,800. At a stronger downside correction, the USD 2,700 level might provide support. The next major support is near the USD 2,650 level.
ADA
Cardano (ADA) was gaining pace towards the USD 1.40 level but it failed to break above this level and moved lower. There is a risk of a fresh test of the USD 1.30 support level.
DOGE,
Dogecoin was underperforming but managed to move above the USD 0.200 level. If there is a downside break below USD 0.188, the price might accelerate losses.
XRP
XRP price is trading above the USD 0.700 support zone. If XRP clears the USD 0.750 resistance, it could continue to rise. The next major resistance could be USD 0.800.
