Bitcoin and Ethereum Consolidate, GLM Surges, NEAR and SOL Rally

cryptonews.com:

Bitcoin price gained pace and settled above the USD 22,000 resistance. BTC is currently (11:00 UTC) consolidating gains above USD 22,000. A clear move above USD 22,500 might start another increase in the near term.

Similarly, most major altcoins are showing positive signs. ETH might rally if it clears USD 1,750 and USD 1,775. XRP is facing resistance near USD 0.365. ADA is slowly moving higher towards the USD 0.52 resistance.

After a clear move above USD 21,200, bitcoin price was able to clear the USD 22,000 resistance. BTC gained pace for a move above the USD 22,000 level. The price is now facing resistance near the USD 22,250 level. The next major resistance is now near the USD 22,500 level, above which it could rise towards USD 23,200.

On the downside, an initial support is near the USD 21,750 level. The next major support is near the USD 21,500 zone, below which the price could start a major downside correction.

Ethereum price settled above the USD 1,700 pivot level. ETH is now facing a strong selling interest above the USD 1,750 level. The next major resistance is near USD 1,775, above which the price may perhaps gain bullish momentum. In the stated case, the price could rise towards USD 1,880.

On the downside, an initial support is now near the USD 1,700 level. The next major support is USD 1,680, below which price could drop towards USD 1,650.

Cardano (ADA) is showing a lot of positive signs above the USD 0.50 resistance. The next major resistance sits at USD 0.52, above which the price could start a strong increase in the near term.

BNB is moving higher and approaching the USD 298 level. The main hurdle sits at USD 300. A close above the USD 300 level could set the pace for a move towards the USD 312 and USD 320 levels.