. 2 min read

XRP Price Steals Show From Bitcoin and Ethereum, MKR Rises

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission.
  • Bitcoin price is eyeing an upside break above $19,600.
  • Ethereum could surge above $1,350, XRP rallied over 10% and spiked above $0.50.
  • LEO and MKR are showing bullish signs.

Bitcoin price has managed to stay above $19,000 and is currently consolidating and facing resistance near $19,600. A clear move above $19,600 and $19,650 resistance levels might start a strong upward move higher.

Similarly, most major altcoins are eyeing more upsides as well. ETH could gain bullish momentum if it clears $1,350. XRP rallied and even spiked above the $0.50 resistance. ADA is struggling to gain pace above the $0.435 level.

Bitcoin price

In the past few sessions, the bitcoin price consolidated above the $19,000 level. BTC even remained stable above the $19,200 level and the 50-hour simple moving average. On the upside, the bears are active near the $19,650 zone. A clear move above $19,650 could indicate a further rally is on the cards. The next major resistance is near $20,000, above which the price has little resistance until $20,500.

If BTC fails to break above $19,650, the price may retrace lower. Immediate support can be found near the $19,400 level and the 50-hour simple moving average. The next major support is near the $19,300 zone and a connecting bullish trend, below which the price could gain bearish momentum.

Ethereum price

Ethereum price also settled above the $1,300 level and is showing positive signs above the 50-hour simple moving average. However, it is facing resistance near the $1,350 level, above which the price could consolidate and rally higher. The next major resistance is near the $1,400 level, with the next notable zone at $1,450.

On the downside, initial support is near the $1,320 level on a connecting bullish trend line. Below that there is support at $1,300 and $1,255.

ADA, BNB, SOL, DOGE, and XRP price

Cardano (ADA) is still struggling near the $0.435 level. ADA needs to get above $0.45 and consolidate to rise higher.

BNB is eyeing more gains above the $285 level. An immediate hurdle is near the $288 level, above which the price could rise to $295 or even $300.

Solana (SOL) is approaching the $34.50 level. The first major resistance is near $35, above which the price may rise to $36.50 if the momentum continues.

DOGE is slowly moving higher above the $0.0600 level. The first hurdle is near the $0.062 level, followed by $0.0632. A further rally could lead the price towards $0.065.

XRP price started a strong rally above the $0.45 resistance. The price even spiked above the $0.50 level and is currently consolidating. The main support now sits at $0.455.

Other altcoins market today

Many altcoins are slowly moving higher, including LEO, MKR, XLM, QNT, EGLD, FLOW, UNI, LUNC, ALGO, MATIC, and OKB. Out of these, MKR rallied over 8% and broke above the $770 level.

To sum up, the bitcoin price is consolidating near the $19,200 zone. To start a strong rally, BTC must clear the $19,650 and $20,000 resistance levels.

Yesterday we also reported on a new coin listing that could potentially rival the top meme coins like Shiba Inu.


Find the best price to buy/sell cryptocurrency: