Bitcoin and Ethereum Try to Recover, ETC and NEAR Rally
Categories: Crypto News US
Bitcoin price formed a base above the USD 43,000 level and moved above USD 43,500. It is currently (04:05 UTC) trading in a range near USD 43,600, with a key breakout zone near the USD 44,000 level.Besides, most major altcoins are attempting a recovery wave. ETH must clear the USD 3,300 resistance level to accelerate. XRP might continue to struggle near the USD 0.80 level. ADA is still consolidating below USD 1.10.
Bitcoin price
After a sudden decline, bitcoin price found support near the USD 42,800 zone, formed a base above the USD 43,000 level, and increased less than 1% in a day. It corrected above the USD 43,500 level and might soon test the USD 44,000 level. The next major resistance is near the USD 44,200 level, above which the price could gain bullish momentum.