Bitcoin and Ethereum Stuck in a Range Again, ETC and FLOW Jump
Bitcoin price attempted a fresh rally above USD 44,500, but there was no upside continuation. It is currently (04:18 UTC) trading in a key range near USD 43,900.
Similarly, most major altcoins are also trading in a range. ETH is stuck between USD 3,050 and USD 3,250. XRP is facing a strong resistance near USD 0.90 and USD 0.92. ADA is consolidating above USD 1.15.
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After a short-term decline, bitcoin price found support near USD 42,750. BTC is now recovering and trading near USD 43,900. On the upside, an initial resistance is near USD 44,000. The next major resistance is near the USD 44,500 level, above which the bulls might aim for a clear move to USD 45,500.
On the downside, an immediate support is near the USD 43,200 level. The next key support is near the USD 42,750 level, below which the price might decline to USD 42,000.
Ethereum price gained pace above the USD 3,200 level. ETH even spiked above the USD 3,250 level, but there was no upside continuation and the price dropped below USD 3,200. The next major support is near USD 3,120, below which the price could retest USD 3,050.
If there is another increase, the price might face resistance near USD 3,250. The next key resistance could be near the USD 3,350 zone or USD 3,420.
Cardano (ADA) is rising and trading above USD 1.175. An immediate resistance is near USD 0.188. The main resistance is still USD 1.20, above which the bulls might gain strength.
Binance coin (BNB) is still trading below USD 420. If the bears remain in action, it could test USD 405. The main breakdown support is still USD 400, below which there is a risk of a larger decline.
Solana (SOL) is stuck in a range near the USD 110 level. The next key support is near USD 105. If there
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