Bitcoin and Ethereum Inch Higher, NEO and FTM Rally

cryptonews.com:

Bitcoin price is showing positive signs above the USD 29,500 pivot level and is currently (11:30 UTC) testing the USD 30,500 level, having increased almost 2% in a day. It’s still down almost 3% in a week.

Similarly, most major altcoins are also moving higher. ETH must clear USD 2,120 to gain momentum. XRP is facing a key breakout zone near USD 0.45. ADA might revisit the USD 0.60 resistance zone.

Total market capitalization

After a minor downside correction, bitcoin price was able to recover losses. BTC is testing the USD 30,500 level while the next key resistance is still near USD 31,200. A proper close above this resistance zone could fuel a stronger increase. In this case, the price may perhaps rise towards USD 32,200.

On the downside, an immediate support is near the USD 29,800 level. The main support is near the USD 29,500 level, below which the price could face selling pressure.

Ethereum price remained well bid above the USD 1,950 level. ETH climbed higher and settled above the USD 2,050 level. ETH is now up almost 3% in a day and is still down almost 4% in a week. On the upside, the key hurdle is near the USD 2,120 level. A clear move above USD 2,120 may perhaps send the price higher.

An initial support is near the USD 2,000 level. The main support is near the USD 1,950 level, below which the price could gain bearish momentum.

Cardano (ADA) is showing positive signs above the USD 0.500 level. It seems like the price might rise steadily above USD 0.55. However, the bears may perhaps remain active near USD 0.60.

BNB gained pace above the USD 320 level. The bulls even pushed the price above the USD 325 level. They are now facing resistance near USD 332, above which the price might rise towards USD 350.

Solana (SOL) extended