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Bitcoin price remained well supported near the USD 17,500 stage. BTC started a simultaneous improvement and was able to climb above USD 18.00Zero and USD 18,100 again. The price is currently (05:00 UTC) buying and selling near USD 18,200 and it appears that the bulls are aiming for a break above the USD 18,500 resistance.
Likewise, there has been a rise in most major altcoins, along with ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, bitcoin cash, and ADA. ETH / USD rose above the USD 480 and USD 485 resistance ranges. XRP / USD was up 4% and now buys and sells above USD 0.300.
Full market capitalization
There has been a simultaneous improvement in the bitcoin price from the USD 17,500 aid phase. BTC gained 2% and stood above the zero level of USD 18.00. The price is now looking for a detail above the USD 18,200 resistance. If successful, there is too much chance of additional hikes above the USD 18,400 and USD 18,500 ranges.
In case of withdrawal, the Zero phase of USD 18.00 is a preliminary aid. The main lead aid is now close to USD 17,750, below which the price could revise the USD 17,500 aid.
The price of Ethereum rose 2% and broke the USD 480 and USD 485 resistance ranges. A direct obstacle is USD 488, above which the price could overly revisit USD 495. The next major resistance for the bulls is near USD 500, adopted by USD 508.
If the handicap is corrected, the USD 480 phase could help. Any additional losses could presumably push the price back in the direction of the important USD 465 aid zone.
Bitcoin cash, litecoin and XRP price
The cash price of bitcoin is gaining ground above the USD 250 resistance. BCH rose 4% and even surpassed the USD 255 level. It appears that the price may even exceed USD 260. The main barrier is now close to USD 265. A transparent break above the USD 265 phase could set the time for a move towards the USD 280 phase.
Litecoin (LTC) is performing well and is touching over 11%. LTC cleared the USD 78.00 resistance and settled above USD 80.00. The price is testing the USD 82.50 resistance. A transparent break above USD 82.50 and USD 83.20 could even carry the price above the USD 85.00 phase.
The XRP price created solid help near the USD 0.290 stage and started a concurrent improvement. The price broke the USD 0.298 and USD 0.300 resistance ranges to again maneuver into an optimistic zone. Direct resistance is near USD 0.305. A profitable close above USD 0.305 could open the door for a push towards the USD 0.312 and USD 0.320 resistance ranges.
Market of different altcoins immediately
Until now, many altcoins have risen by more than 10%, along with SUSHI, WAVES, RSR, UNI, YFI, DOT, HT, LTC, SNX, and TMTG. Conversely, HEDG, XEM and STX are down more than 8%.
In general, the price of bitcoin is buying and selling above the zero help phase of USD 18.00. If BTC settles above USD 18,200, it could proceed to rise towards USD 18,500 and even USD 18,800. If not, it could retreat towards the USD 17,750 phase within the next time frame.
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