Crypto: Here’s What Happened (and Will Happen) For ETH, ADA, BNB, SOL, DOGE, and XRP

Bitcoin price settled above the USD 20,500 pivot level and managed to break above the USD 21,000 level. It is currently (04:09 UTC) trading near $21,300 and is almost unchanged in a day and up 2% in a week.

Likewise, most major altcoins are showing positive signs. ETH gained ground and even broke above the $1,400 level. XRP is targeting a hike towards the $0.40 resistance. ADA is consolidating above the $0.45 resistance zone.

bitcoin price

After forming a base above $20,500, the price of bitcoin started to rise steadily. It is now showing positive signs near USD 21,300 with an immediate hurdle near the USD 21,500 level. See the article: The WeWay project runs on Web 3.0. Is it worth investing in the future?. The next major resistance could be $22,000, above which the price could gain some bullish momentum.

On the downside, an initial support is found near the USD 20,800 level. The next major support is near the $20,500 area, below which the price may revisit $20,000.

Ethereum price

Ethereum price outperformed bitcoin with a strong move above the $1,250 resistance. ETH even surpassed $1400 and is now up nearly 4% in one day and 20% in one week. Also read: Nekoverse, Solana’s gaming project, presents the very first community contribution offering.. The next major resistance is found near USD 1,480, above which the price could test USD 1,500.

On the downside, the price may find support near $1,350. The next major support is near USD 1,320, below which the price could visit the USD 1,250 support zone.

ADA, BNB, SOL, DOGE and XRP price

Cardano (ADA) was able to settle above the resistance at $0.45. It is now facing resistance near the USD 0.48 level. See the article: Community Responds to Vitalik Buterin’s Concerns About the ETH Platform. A clear upward breach above the USD 0.48 resistance could trigger a larger advantage.

BNB managed to breach the $245 resistance and broke above the $250 resistance zone. The next major resistance is seen near the $265 level.

Solana (SOL) gained ground above the USD 38 level. It even broke through the USD 40 barrier and is showing positive signs. The next key resistance is seen near the USD 42 level.

DOGE is showing positive signs above the USD 0.062 support level. It appears to be struggling to approach the $0.065 resistance zone, above which the bulls could push the price towards $0.0700.

The price of XRP managed to breach the USD 0.35 resistance. It is now consolidating its gains and facing an intermediate resistance near $0.388 towards the $0.40 level.

Other altcoins on the market today

Many altcoins are also on the rise, including DOT, MATIC, AVAX, LEO, UNI, LTC, FTT, NEAR, ATOM, BCH, ICP, and APE. Out of these, MATIC gained 8% and tested the $0.80 level, becoming the top performer in the top 25 cryptoassets by market cap. It’s also up 40% in a week. Meanwhile, ETC is the top performer in today’s top 100 coins – it rose 17% in one day, 42% in one week, reaching $21.

Overall, bitcoin price is moving higher above the $21,200 level. BTC may gain strength if there is a clear move above the USD 21,500 resistance zone.

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Be vigilant and consult your financial advisor before making any investment decision. Mirror-Mag cannot be held responsible in case of bad investments. Before using any third-party service, do your own research.

Thomas Estimbre
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