Bitcoin and Ethereum Show Bullish Signs


Bitcoin price is over $50,000 and over $50,500. Now (11:30 UTC) is showing positive signs. A jump above $51,200 could lead to another spike in the short term.

In the same way, most of the big altcoins are slowly gaining traction. ETH is stable above $4,000 and could rise at rates above $4,120. XRP could rise if there is a move above the USD 1.00 resistance. ADA is integrated near the $1.45 mark.

Once the closing price is above $50,000 the Bitcoin price goes up. BTC broke the $51,200 mark to $51,500. There has been a slight adjustment of late, below the $51,000 mark. However, the Bulls are active near the $50,500 mark. The next major support approaches $50,000, below which the price could drop again.

If it rallies again, the price could face resistance near $51,200. Immediate resistance is near the $51,500 zone, beyond which the price could rise to $53,500.

Ethereum Price
Ethereum price is also showing some positive signs above the 4000 resistance zone. ETH is currently facing resistance near USD 4,080 and USD 4,120 levels. Above $4,120, the price could rise to $4,250.

Immediate support is near the USD 4,020 level. The next major support is near $4,000, below which the price could fall to $3,920.

Prices for ADA, BNB, SOL, DOGE and XRP
Cardano (ADA) accelerated as it moved above the $1.40 level. The price has surged above $1.45 and is now consolidating gains. If the bulls remain active, the price could rise to $1.50.

Binance Coin (BNB) We are trying to break above the USD 550 resistance level. If the price closes above $550, the price may pick up speed. On the other hand, adjustments can be made to the USD 525 support.

Solana (SOL) is showing positive signs near the $188 mark. If the price rises above $192 and the speed increases, then you can try $200. If this does not happen, an adjustment to the level of $180 can be made.

Doge It jumped above the $0.180 mark. It rose to as low as $0.185. The main hurdle remains close to $0.20 and the bears are likely to take a strong position.

Our XRP price integrates below the USD 1.00 level. If there is a significant move above the USD 1.00 figure, the price could rise again. The next major resistance is near the $1.05 level, followed by the $1.12 level.

Other altcoin markets today
Many altcoins such as ELON, SAND, ICP, FTM, AR, LUNA, CRO, SUSHI, MANA, DASH, IOTX, XEC, ALGO have increased by more than 10%. Of these, SAND rose 20% to break the $6 mark.

In short, Bitcoin prices beyond the $50,000 level are integrated. If BTC earns over $51,200, it could accelerate further in future sessions.

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