Bitcoin and Ethereum are stuck in the key area, CEL surpasses
- The Bitcoin price consolidates above the USD 19,000 level.
- Ethereum moves towards USD 1100, XRP meets resistance close to USD 0.325.
- CEL is the best athlete today.
The Bitcoin price remained a good bid above the support zone of USD 19,000 and is currently moving (11:46 UTC) higher, but there are many obstacles close to USD 20,000. A clear move above USD 20,000 could set the pace for a recovery wave. Currently, BTC is trading close to USD 19,600 and is up almost 3% in one day and still down 7% in one week.
Similarly, most major altcoins have important levels of support. ETH moves higher above the support zone of USD 1000. XRP trades in an area above the support of USD 0.30. The ADA is stuck between $ 0.42 and $ 0.48.
Total market value
Bitcoin price
After another test of the USD 19,000 support, the bitcoin price found strong bids and moved above the USD 19,500 level. Initial resistance on the upside is close to the $ 19,800 level. The next big resistance is now close to USD 20,000, above that there are chances of a steady recovery wave.
On the downside, immediate support is close to the $ 19,000 level. The next big support is close to the USD 18,800 zone, during which the price may fall more sharply.
Ethereum price
The Ethereum price stayed above the USD 1000 support and managed to move above the USD 1080 level. The first major resistance near the USD 1100 level. The next major resistance is close to $ 1,120, above which the price could start a recovery wave. ETH is up 2% in a day and down 11% in a week.
If there is no upside break above USD 1100, the price may fall below USD 1050. The next major support is close to USD 1000, below which the price may gain bearish momentum.
ADA, BNB, SOL, DOGE and XRP price
Cardano (ADA) found support and is moving higher above the $ 0.45 level. The first major resistance is close to the USD 0.465 level, above which the price can test USD 0.48.
BNB traded close to the support level of USD 212. It is now moving higher and is trading above USD 220. An immediate resistance is close to USD 225, above which the bulls can test USD 232.
Solana (SOL) found support near the $ 32 level. It looks like there may be an upward movement towards the $ 35 resistance. Any further gains could send the price up towards the $ 40 level.
DOGE consolidates above the USD 0.065 support zone. Immediate resistance is close to $ 0.068. A close above the USD 0.068 level could open the doors for a test of the USD 0.072 zone.
The XRP price is close to the resistance levels of USD 0.32 and USD 0.325. The main obstacle is still close to USD 0.35, above which the price can gain bullish momentum. On the downside, the key support is $ 0.30.
Other altcoins market today
A few altcoins are moving higher, including DOT, TRX, AVAX, LTC, MANA, SAND, THETA, AXS, BTT, RUNE and WAVES. Meanwhile, CEL is the best performer among the 100 best cryptocurrencies by market value today, as it jumped almost 16% and passed USD 0.922. The price is also up 13% in one week. (Learn more: New battle for Celsius with 150 employees allegedly fired, but CEL rally)
To sum up, the bitcoin price managed to stay above the support of USD 18,800. However, BTC must clear USD 20,000 and USD 20,500 to start a recovery wave.
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