Bitcoin and Ethereum Fluctuate, NEAR Pauses
Bitcoin price is trading in a range above the USD 43,000 level. BTC is currently (11:55 UTC) moving below USD 43,500 while a move above USD 44,000 is a must for a decent increase. BTC is now down almost 1% in a day.
Besides, most major altcoins are consolidating. ETH tested the USD 3,300 resistance while XRP is facing a major challenge near the USD 0.80 level. ADA is stuck below USD 1.10.
Total market capitalization
In the past two sessions, bitcoin price traded in a range above the USD 43,000 level. BTC corrected a few points above the USD 43,500 level before dropping again. On the upside, the bulls are facing resistance near the USD 44,000 level. A clear move above the USD 44,000 level could send the price towards the USD 45,000 resistance in the near term.
On the downside, an immediate support is near the USD 43,200 level. The next major support is near USD 43,000, below which the price might resume decline.
Ethereum price is moving lower again after briefly surpassing the USD 3,300 level. The price is almost unchanged in a day. If it resumes its upward move, the next key resistance might be near the USD 3,320 level, above which the price could rise towards USD 3,400.
If there is a fresh decline, the price might find support near USD 3,220. The next major support is near the USD 3,200 level, below which the price may perhaps revisit USD 3,150.
Cardano (ADA) is consolidating below the USD 1.10 resistance level. The main resistance is now forming near the USD 1.12 level, above which the price might move into a positive zone.
BNB is consolidating near the USD 430 level. If there is a clear move above the USD 432 level, the price could even surpass USD 435. The next key resistance is near the USD 440 level.
Solana (SOL) struggled
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