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Recently, there was a slight contraction in the price of bitcoins below the support of USD 3,700. However, buyers appeared near $ 3,620 – $ 3,650 and protected further dips. BTC / USD rebounded and outperformed USD 3,680 and USD 3,700. Likewise, the price of the ether has recovered from the support of USD 128 – USD 130 and it seems that it is preparing for a rise towards the resistance of USD 150. On the other hand, the price of ripple is struggling to gain traction and must overcome the resistance of 0.375 USD to move to a positive zone.
Total market capitalization
Bitcoin price
C & # 39; was an upward move above the support of USD 3,700 in the price of the bitcoin. The BTC / USD was trading above the resistance level of USD 3,750 and is currently approaching the resistance area of USD 3,800. A break above the $ 3,800 and $ 3,820 resistance could open the door to further gains at the levels of $ 3,860 and $ 3,900.
On the downside, initial support is USD 3,740, below which the price could test the support of 3,700 USD. In the event of a break below the support of USD 3,700, the price could test the support of USD 3,650.
Ethereum price
The price of Ethereum gained pace above the resistance at 130 USD and stabilized above the level of 135 USD. ETH / USD must break the resistance zone of USD 140 – USD 142 to operate towards resistance levels of USD 148 and USD 150.
If there is a downward correction, the price could test the support of USD 135, below which the price could test the key support of USD 130.
Price in cash and Bitcoin ripple
The cash price of Bitcoin has stabilized above the support of USD 150 which is currently trying to eliminate from the resistance area of USD 160 – USD 162. An immediate resistance is USD 165, beyond which the price could test the resistance of USD 175. Bitcoin SV is currently trading above the support of USD 85 and may continue to rise towards the support of USD 95. On the downside, key supports are at USD 85 and USD 80.
The price of the ripple has dropped recently and has tested the support level of USD 0.345. On the upside, a break above the resistance levels of USD 0.365 and USD 0.375 is required for further gains to the USD 0.380 level.
Other altcoin markets today
In the last hours, some small altcoins have gained over 8%, including DEX, BCZERO, STRAT, VERI, OMG and XIN. Of these, DEX has gained over 30% and BCZERO has recovered almost 20%.
Overall, the price of bitcoin is placed above the support of USD 3700 and may continue to move higher in the short term. An appropriate break and close above the USD 3,800 resistance could clarify the path for further increases in BTC / USD. Likewise, the price of ether could accelerate gains if there is a break above the resistance area of USD 142 – USD 145.
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