- Bitcoin traded below the $ 21,000 support level.
- Ethereum has tested $ 1,150 and XRP has been integrated near $ 0.32.
- SOL is down 4% and ADA is showing signs of bearishness.
Bitcoin’s price failed to clear the US $ 22,500 zone and started a new decline. Currently (04:10 UTC), it is trading near US $ 20,500, down more than 3% in a day, but up more than 6% in a week.
Similarly, most major altcoins have reduced profits. ETH is currently trading well below the USD 1,200 zone. XRP trades back near the USD 0.32 zone. ADA is struggling to stay above the $ 0.45 support zone.
Market capitalization
Bitcoin price
After struggling to maintain the level of US $ 22,000 Bitcoin price A new decline has begun. Traded for less than $ 21,000 and tested for $ 20,500 support. The next major support is near the $ 20,000 zone, below which prices may fall towards the $ 19,500 major support.
Conversely, prices are facing resistance near the $ 21,200 level. The major weekly breakout zones are currently forming close to $ 22,000, beyond which prices may begin to rise steadily.
Ethereum price
Ethereum price The resistance of US $ 1,250 could not be cleared and was rejected. ETH trades below $ 1,200 support, testing the $ 1,150 level and risking further losses. ETH decreases by 3% in one day and increases by more than 7% in one week. The next major support is close to $ 1,120, below which prices may return to the $ 1,050 support zone.
Conversely, prices can face resistance close to $ 1,200. The main weekly resistance is USD 1,250, above which prices can gain bullish momentum.
Prices for ADA, BNB, SOL, DOGE, and XRP
Cardano (ADA) Could not clear the $ 0.50 barrier and was fixed lower. It is currently trading near the $ 0.45 support zone. Further losses could send the price towards the USD 0.42 level.
BNB Traded below the US $ 235 level. It is currently near the $ 230 level and could fall towards the $ 225 level. The next major support is close to the $ 220 level.
Solana (SOL) It has fallen 4% and is trading near the $ 35 level. Below the $ 35 level, prices may continue to fall towards the $ 32 level.
Doge It has fallen from the $ 0.070 level and is now being consolidated near the $ 0.065 level. If there is a closing price below the USD 0.065 level, the price may increase the loss.
XRP price I had a hard time clearing the resistance of US $ 0.35. With a new fall, prices are currently rising near $ 0.32. Further losses may require a transition to $ 0.305.
Other altcoin markets today
Many altcoins such as DOT, LEO, SHIB, MATIC, CRO, FTT, ETC, BCH, VET, APE are traded. Meanwhile, GMT fell 10% to below US $ 0.89, showing the worst performance of today’s top 100 crypto assets by market capitalization. XMR is the best performer as it jumps 6% in a day and exceeds US $ 130.
Overall, Bitcoin prices have reduced profits and traded below US $ 21,200 support. If BTC does not exceed US $ 19,500 support, it could gain bearish momentum in future sessions.
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