XRP Takes The Center Stage, Bitcoin Fluctuates Around USD 34K – Cryptonews
Bitcoin price remained well bid above the US 33,000 level. As a result, BTC started a fresh increase above the USD 34,000 resistance level. It is currently (13:15 UTC) correcting gains and trading below USD 34,000.
Similarly, most major altcoins are showing positive signs. XRP/USD even broke the USD 0.600 resistance level before correcting lower. ETH/USD is slowly rising, but it must settle above USD 1,350 for a sustained upward move.
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After a decent move above USD 33,500, bitcoin price was able to clear the USD 34,000 resistance level. BTC even spiked above USD 34,500, but it failed to continue higher. It is now trading below USD 34,000, however, it seems like the bulls may soon make an attempt to clear the USD 35,000 resistance level too.
If they succeed, the price might rise towards the USD 36,500 resistance. Conversely, there is a risk of a fresh decline towards the USD 33,000 support level.
Ethereum price is holding steady above the USD 1,300 level. ETH is showing positive signs, but it must settle above USD 1,350 for a sustained upward move. The next key resistance on the upside is near the USD 1,400 level, above which it could test USD 1,400.
On the downside, the USD