Bitcoin, Ethereum and Altcoin are making more gains

price of Bitcoin remained well above the pivot level of $ 31,200. BTC has even stabilized above $ 32,000 and is showing bullish signals. Currently (13:39 UTC) it is gaining momentum and could exceed $ 32,500.

Likewise, most of the major altcoins are on the rise as well. ETH is gaining traction, but a close above $ 2,000 is a must for more profit. XRP could rise steadily towards the $ 0.600 level.

Total market capitalization

png »sizes =» (min-width: 640px) 720px, 100vw »srcset =» https://cimg.co/w/articles-attachments/1/60f/97957dfac1.png 300w, https://cimg.co/ w / articles-attachments / 2 / 60f / 97957dfac1.png 600w, https://cimg.co/w/articles-attachments/3/60f/97957dfac1.png 720w, https://cimg.co/w/articles- attachments / 4 / 60f / 97957dfac1.png 900w, https://cimg.co/w/articles-attachments/0/60f/97957dfac1.png 798w »alt =» Bitcoin, Ethereum and Altcoins get extra profit 101 ″ class = » content-img »/> Source: www.tradingview.com

Bitcoin price

After a successful close above $ 31,200, the bitcoin price extended its recovery. BTC broke the $ 32,000 resistance level to move towards a bullish zone. bulls are in control and it looks like the price could rise further above $ 32,500. Any further gains could set the pace for a stronger move towards $ 33,500. On the downside, an initial support is near the $ 31,500 level. Key support is now forming near the $ 31,200 level.

Ethereum Price

Ethereum price is also showing positive signals above the $ 1,950 level. If ETH stabilizes above $ 2,000, the bulls could gain traction. In this case, the price could accelerate towards the $ 2,050 and $ 2,080 levels. If there is a downward correction, the price may find offers close to the $ 1,950 support. first key support is now forming near the $ 1,920 level.

Read also head of the OCC says that cryptocurrency could destabilize the financial system like derivatives in 2008

ADA, LTC, DOGE and XRP price

Cardano (ADA) is back in a positive zone above the $ 1.15 level. An immediate barrier is near the $ 1.20 level. A close above the $ 1.20 level could open the door for a steady rise. On the downside, the $ 1.15 level is decent support. Litecoin (LTC) is approaching the $ 120 resistance zone. A close above $ 120 could set the pace for a move above $ 125. next major resistance is near $ 132, above which the price could test $ 140. If there is a further decline, the price could test $ 112 level Dogecoin (DOGE) is consolidating below the $ 0.200 resistance zone. If the price stabilizes above $ 0.200, the price may continue to climb. next key resistance is near the $ 0.225 level. On the downside, the bulls may remain active near $ 0.172. XRP price has stabilized above the $ 0.55 resistance level. It is now approaching the resistance at $ 0.580. main resistance remains near $ 0.600, above which the price could accelerate towards the $ 0.620 level.

Another altcoin market today

Many altcoins made more than 8%, including AXS, FLOW, STX, SUSHI, WAVES, XLM, LUNA, RUNE, OKB, AAVE, MATIC, and THETA. Of these, AXS gained 30% and broke the $ 23.50 level.

Read also Singapore seeks to lock itself in as a global cryptocurrency hub

In short, the bitcoin price has returned to a positive zone above the $ 32,000 level. If BTC continues to rise above $ 32,500, the price could rise further to $ 33,500 ._____

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Ethereum and Altcoins earn additional 102 ″ class = »content-img» />

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